Miami, Florida Lender Lends Money to Compudisk Inc

Get SBA loans from a Miami, Florida bank that knows how to treat small business owners right! If Compudisk Inc can get a loan, there's no reason you can't do it too.

Citibank is a Miami, Florida small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Compudisk Inc a Florida company.

SBA Loan Borrower

COMPUDISK INC
365 NORTHWEST 85TH CT #1201
MIAMI, FL 33126

SBA Loan Lender

CITIBANK
8750 DORAL BLVD, 7TH FL
MIAMI, FL 33178

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

541512 - Computer Systems Design Services

Loan Approval Date

4/27/2006

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, Compudisk Inc, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

If Compudisk Inc can get an SBA loan, there's no reason you can't get an SBA loan too. The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Microlending as a Small Business Funding Source

Small Business Banks in Miami, Florida

Florida SBA 7A Banks

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