Bankunited, Fsb Gives Bank Loan to Bbr Services, 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.
Getting a small business loan in Miami, Florida was a top priority for Bbr Services, Inc. back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Bankunited, Fsb. Here are the details on this Florida small business loan.
SBA Loan Borrower
BBR Services, Inc.
13100 SW 134 St
MIAMI, FL 33186
SBA Loan Lender
BANKUNITED, FSB
255 ALHAMBRA CIR, 2ND FL
CORAL GABLES, FL 33134
This lender processed this SBA 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
238910 - Site Preparation Contractors
Loan Approval Date
8/27/2007
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
More Information on This SBA Loan
The borrower, Bbr Services, Inc., borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 65 employees. The SBA loan documents indicated that the loan would help generate 18 new jobs and retain 65 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bankunited, Fsb and they will explain how you can get an SBA loan for your company.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Advice on Getting a Small Business Loan
Who Lends Money to Small Businesses in Coral Gables, Florida
Florida SBA 7A Lenders
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