Las Vegas, Nevada Bank Lends Money to Aira Cosmetics Inc in Miami, Florida

Find Las Vegas, Nevada banks that specialize in business loans and know how to work with entrepreneurs. Citibank is one such bank, as evidenced by this SBA loan to Aira Cosmetics Inc.

Finding a small business loan in Miami, Florida starts with an understanding of who else has gotten loans in the area. In this case, Aira Cosmetics Inc received funding from Citibank Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

AIRA COSMETICS INC
701 BRICKELL AVE #1550
MIAMI, FL 33131

SBA Loan Lender

CITIBANK
3900 PARADISE RD, STE 127
LAS VEGAS, NV 89109

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

315999 - Other Apparel Accessories and Other Apparel Manufacturing

Loan Approval Date

9/25/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower, Aira Cosmetics Inc, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We've showcased information on this loan to Aira Cosmetics Inc to let you know that businesses like yours can get an SBA loan.

About This SBA Loan Information:

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

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