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| Entrepreneur Resources | Continl National Bank - Miami Miami Business Loans | ||||
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I Need an SBA 7A Loan in Miami, Florida
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Loans for Motor Vehicle Supplies and New Parts Merchant WholesalersWith these loans for motor vehicle supplies and new parts merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This motor vehicle supplies and new parts merchant wholesalers loan for $75,000 was given to a Florida entrepreneur in 2005.
Baterias 2001 Inc received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Continl National Bank - Miami, out of Miami, Florida. The loan was granted and they received $75,000 to help grow their Miami, Florida business. SBA Loan Borrower BATERIAS 2001 INC SBA Loan Lender CONTINL NATIONAL BANK - MIAMI This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 423120 - Motor Vehicle Supplies and New Parts Merchant Wholesalers Loan Approval Date 4/27/2005 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. More Information on This SBA Loan The borrower, Baterias 2001 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 8 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Baterias 2001 Inc got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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 Best Miami, Florida Banks for Small Business SBA Participating Banks in 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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