Getting an SBA Loan for Charter Bus Industry

Looking for business loans for charter bus industry? Try the SBA. This $75,000 charter bus industry loan was issued by a Florida bank.

Getting a small business loan in Miami, Florida was important for B.B.C. Getaway Group Travelers back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Community Bank Of Florida, operating out of Perrine, Florida. Here are the details on this Florida small business loan.

SBA Loan Borrower

B.B.C. GETAWAY GROUP TRAVELERS
12942 SOUTH WEST 133RD COURT
MIAMI, FL 33176

SBA Loan Lender

COMMUNITY BANK OF FLORIDA
18765 S DIXIE HWY
PERRINE, FL 33157

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4141 - Local Bus Charter Service

NAICS Code

485510 - Charter Bus Industry

Loan Approval Date

1/9/2003

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower, B.B.C. Getaway Group Travelers, borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The loan application did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees. This loan was paid in full, and was closed out on 4/30/2004.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Miami or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Direct Public Offerings

Best Perrine, Florida Banks for Small Business

SBA Lenders in Florida

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