Arlenys Learning Center Inc Gets a Florida SBA Loan
SBA loans in Florida are hard to find these days. We take a look at one Florida SBA loan, provided by a New York bank, that was approved by the SBA.
Getting a small business loan in Miami, Florida was a top priority for Arlenys Learning Center Inc back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Hsbc Bank Usa. Here are the details on this Florida small business loan.
SBA Loan Borrower
Arlenys Learning Center Inc
8420 W Flagler St
MIAMI, FL 33144
SBA Loan Lender
HSBC BANK USA
ONE HSBC CTR
BUFFALO, NY 14203
The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
624410 - Child Day Care Services
Loan Approval Date
7/27/2005
Loan Approval Gross Amount
$172,000
Loan Approval from the SBA
Of the total $172,000 loan amount, the SBA guaranteed $86,000.
More Information on This SBA Loan
The borrower, Arlenys Learning Center Inc, borrowed this money for a new 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 3 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 8 existing jobs.
Start the Process for Getting an SBA Loan Today!
Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
If Arlenys Learning Center Inc 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.
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