 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
|
|
|
||
| Entrepreneur Resources | Capital One Bank (usa) Glen Allen Business Loans | ||||
 |
||||
How to Get SBA Loans in Miami, Florida
|
||||
 |
Nondurable Goods Merchant Wholesalers Small Business LoansLooking for small business loans for nondurable goods merchant wholesalers? Try the SBA. This $50,000 nondurable goods merchant wholesalers loan was issued by a Virginia bank.
Beautiful Baskets Wholesale Corporation received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Capital One Bank (usa), out of Glen Allen, Virginia. The loan was granted and they received $50,000 to help grow their Miami, Florida business. SBA Loan Borrower BEAUTIFUL BASKETS WHOLESALE CORPORATION SBA Loan Lender CAPITAL ONE BANK (USA) The lender provided this SBA 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 424990 - Other Miscellaneous Nondurable Goods Merchant Wholesalers Loan Approval Date 11/8/2007 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower, Beautiful Baskets Wholesale Corporation, 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 4 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 4 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Beautiful Baskets Wholesale Corporation did when it applied for and received this $50,000 loan. Remember, anyone can do it... so why not 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 Borrow Money SBA Participating Banks in Glen Allen, Virginia Getting a Business Loan in Virginia 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.
|
|
||
|
||||
|
|
||||
