Florida Bank Loan Issued to A Touch Of Class Linen Inc

Looking to get a Florida bank loan? This Florida entrepreneur got a bank loan, provided by a North Carolina bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Miami, Florida by studying this loan to A Touch Of Class Linen Inc, made back in 2003. Banks like Bank Of America may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

A TOUCH OF CLASS LINEN INC
732 NW 76TH AVE
MIAMI, FL 33126

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

812331 - Linen Supply

Loan Approval Date

7/2/2003

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

More Information on This SBA Loan

The borrower, A Touch Of Class Linen Inc, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. This loan was paid in full, and was closed out on 11/2/2006.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $30,000. How would you spend $30,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at A Touch Of Class Linen Inc, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Business Credit Evaluation

SBA Banks in Charlotte, North Carolina

Getting an SBA Loan in North Carolina

If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.