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| Entrepreneur Resources | Mercantil Commercebank National As Hialeah Business Loans | ||||
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Examples of Miami SBA Loans
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Computer Systems Design Services Commercial LoansWith these commercial loans for computer systems design services, the SBA guarantees the lender that the loan will be repaid. This computer systems design services loan for $83,200 was given to a Florida entrepreneur in 2004.
All Business Consulting, Inc. knew how to go about getting a business bank loan. Based in Miami, Florida, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Mercantil Commercebank National As, based in Hialeah, Florida. SBA Loan Borrower ALL BUSINESS CONSULTING, INC. SBA Loan Lender MERCANTIL COMMERCEBANK NATIONAL AS This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541512 - Computer Systems Design Services Loan Approval Date 2/2/2004 Loan Approval Gross Amount $83,200 Loan Approval from the SBA Of the total $83,200 loan amount, the SBA guaranteed $70,720. More Information on This SBA Loan The borrower, All Business Consulting, 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 5 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start business in Miami FL, you ought to talk with a local Miami SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Miami businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Mercantil Commercebank National As are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: SBA 7A Banks for Hialeah, Florida Loans Browse All Business Loan Sources for Florida 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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