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| Entrepreneur Resources | Banco Popular North America New York City Business Loans | ||||
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Miami, Florida Bank Loan
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Commercial Loans for Lumber, Plywood, Millwork, and Wood Panel Merchant WholesalersLooking for commercial loans for lumber, plywood, millwork, and wood panel merchant wholesalers? An SBA loan may be just what you've been looking for. This $50,000 lumber, plywood, millwork, and wood panel merchant wholesalers loan was issued by a New York bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Miami, Florida was able to borrow $50,000 from Banco Popular North America. The SBA made the loan possible by guaranteeing $25,000 of this Florida small business loan. SBA Loan Borrower AURORA CABINET CORP SBA Loan Lender BANCO POPULAR NORTH AMERICA 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 423310 - Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers Loan Approval Date 12/6/2007 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, Aurora Cabinet Corp, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 7 existing jobs. Start the Process for Getting an SBA Loan Today! If you want money for new small 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. If Aurora Cabinet Corp can get an SBA loan, there's no reason you can't get an SBA loan too. The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Raising VC Money for Social Networking Companies Where to Get an SBA Loan in New York City, New York 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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