Copy Systems International Inc Gets a Florida SBA Loan

Business loans in Florida are hard to find these days. We take a look at one Florida business loan, provided by a Texas bank, that was approved by the SBA.

Getting a small business loan in Miami, Florida was a top priority for Copy Systems International Inc back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Comerica Bank. Here are the details on this Florida small business loan.

SBA Loan Borrower

COPY SYSTEMS INTERNATIONAL INC
5900 NW 97TH AVE C23
MIAMI, FL 33178

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

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

423420 - Office Equipment Merchant Wholesalers

Loan Approval Date

3/11/2005

Loan Approval Gross Amount

$871,200

Loan Approval from the SBA

Of the total $871,200 loan amount, the SBA guaranteed $653,400.

More Information on This SBA Loan

The borrower, Copy Systems International Inc, 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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs. This loan was paid in full, and was closed out on 3/13/2008.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

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 Copy Systems International Inc did when it applied for and received this $871,200 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:

The Art of Bootstrapping

Banks in Dallas, Texas

SBA Lenders in Texas

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.