Florida Bank Loan Issued to American Labels & Graphics, Inc.
Business loans in Florida are hard to find these days. We take a look at one Florida business loan, provided by a Florida bank, that was approved by the SBA.
American Labels & Graphics, Inc., based in Miami, Florida, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Bankunited, Fsb. We've got the inside scoop on this Florida small business loan.
SBA Loan Borrower
American Labels & Graphics, Inc.
1300 NW 29th Street
MIAMI, FL 33142
SBA Loan Lender
BANKUNITED, FSB
255 ALHAMBRA CIR, 2ND FL
CORAL GABLES, FL 33134
This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
323110 - Commercial Lithographic Printing
Loan Approval Date
7/19/2006
Loan Approval Gross Amount
$76,400
Loan Approval from the SBA
Of the total $76,400 loan amount, the SBA guaranteed $38,200.
More Information on This SBA Loan
The borrower, American Labels & Graphics, Inc., borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 15 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 17 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a small business or need money to grow a business, an SBA loan can be a great funding source
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan to American Labels & Graphics, Inc. shows that any business with ambition and the right qualifications can get an SBA loan.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Obtaining Funding - How to Decide How Much to Raise
SBA 7A Lenders in Coral Gables, Florida
Getting an SBA Loan in Florida
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