Mortgage and Nonmortgage Loan Brokers Small Business Loans
Looking for small business loans for mortgage and nonmortgage loan brokers? Try the SBA. This $35,000 mortgage and nonmortgage loan brokers loan was issued by a New York bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Miami, Florida was able to borrow $35,000 from Hsbc Bank Usa. The SBA made the loan possible by guaranteeing $17,500 of this Florida small business loan.
SBA Loan Borrower
BRICKELL FIRST INVESTMENT REAL
1865 BRICKELL AVE
MIAMI, FL 33129
SBA Loan Lender
HSBC BANK USA
360 S WARREN ST
SYRACUSE, NY 13202
The lender provided this 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
522310 - Mortgage and Nonmortgage Loan Brokers
Loan Approval Date
2/23/2005
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $17,500.
More Information on This SBA Loan
The borrower, Brickell First Investment Real, borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 10 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 10 existing jobs. This loan was paid in full, and was closed out on 3/23/2007.
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.
Your solution for where to find money to start a business may be an SBA guaranteed loan. Brickell First Investment Real recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Attracting Investors
SBA Banks in Syracuse, New York
Getting an SBA Loan in New York
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