Coral Gables, Florida Lender Lends Money to C-G Of South Florida Inc
A Coral Gables, Florida business loan can be yours. Learn how C-G Of South Florida Inc got a $220,000 business loan from this Florida bank.
This loan to C-G Of South Florida Inc is a good example of an SBA loan. Internatl Bank - Miami made the loan and the SBA guaranteed a portion of the loan. Many other Florida entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
C-G OF SOUTH FLORIDA INC
6865 NW 36 AVENUE
MIAMI, FL 33147
SBA Loan Lender
INTERNATL BANK - MIAMI
121 ALHAMBRA PLAZA
CORAL GABLES, FL 33134
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
332999 - All Other Miscellaneous Fabricated Metal Product Manufacturing
Loan Approval Date
6/24/2002
Loan Approval Gross Amount
$220,000
Loan Approval from the SBA
Of the total $220,000 loan amount, the SBA guaranteed $165,000.
More Information on This SBA Loan
The borrower, C-G Of South Florida 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 35 employees. This SBA loan request indicated that the loan would help retain 35 existing jobs. This loan was paid in full, and was closed out on 8/2/2006.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. C-G Of South Florida Inc needed a loan. Internatl Bank - Miami probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, Internatl Bank - Miami made the loan. The end result was that C-G Of South Florida Inc was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Banking Deregulation's Effects on Entrepreneurship
SBA Banks in Coral Gables, Florida
Getting an SBA Loan in Florida
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