Corporate American Solutions C Gets a Florida SBA Loan
Bank loans in Florida are are few and far betweeen these days. We take a look at one Florida bank loan, provided by a California bank, that was approved by the SBA.
Getting a small business loan in Miami, Florida was a top priority for Corporate American Solutions C back in 2006 and, based on their loan application, they were successful in getting an SBA loan from California Bank & Trust. Here are the details on this Florida small business loan.
SBA Loan Borrower
CORPORATE AMERICAN SOLUTIONS C
12302 SW 124 PATH
MIAMI, FL 33186
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
424210 - Drugs and Druggists' Sundries Merchant Wholesalers
Loan Approval Date
3/13/2006
Loan Approval Gross Amount
$53,000
Loan Approval from the SBA
Of the total $53,000 loan amount, the SBA guaranteed $26,500.
More Information on This SBA Loan
The borrower, Corporate American Solutions C, 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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as Corporate American Solutions C walked into California Bank & Trust and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money!
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Obtaining Funding - Friends and Family
SBA 7A Lenders in Sacramento, California
California SBA 7A Lenders
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