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| Entrepreneur Resources | California Bank & Trust Sacramento Business Loans | ||||
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Miami, Florida Bank Loan
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Financing for Insurance Related ActivitiesWith these loans for insurance related activities, the SBA guarantees the lender that the loan will be repaid. This insurance related activities loan for $150,000 was given to a Florida entrepreneur in 2004.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Miami, Florida was able to borrow $150,000 from California Bank & Trust. The SBA made the loan possible by guaranteeing $75,000 of this Florida small business loan. SBA Loan Borrower AIRWAYS AUTO TAG LLC SBA Loan Lender CALIFORNIA BANK & TRUST 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 524298 - All Other Insurance Related Activities Loan Approval Date 6/25/2004 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. More Information on This SBA Loan The borrower, Airways Auto Tag LLC, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 9 employees. The loan application indicated that the loan would help generate 1 new job and retain 9 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Airways Auto Tag LLC got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: SBA Approved Banks in Sacramento, California Getting an SBA Loan in California 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.
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