Coral Gables, Florida Bank Gives SBA Loan to Creative Stone Surfaces, Inc

Want to talk with a Coral Gables, Florida bank about a business loan? Here's one Florida business loan, issued by a Coral Gables bank, that was approved by the SBA.

Applying for an SBA loan with Bankunited, Fsb worked out well for our friends at Creative Stone Surfaces, Inc in Miami, Florida. They received an SBA loan for $50,000. Nice!

SBA Loan Borrower

CREATIVE STONE SURFACES, INC
7215 NW 41 STREET, UNIT G
MIAMI, FL 33166

SBA Loan Lender

BANKUNITED, FSB
255 ALHAMBRA CIR, 2ND FL
CORAL GABLES, FL 33134

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

238340 - Tile and Terrazzo Contractors

Loan Approval Date

11/3/2006

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, Creative Stone Surfaces, 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 only one employee. The loan application indicated that the loan would help retain 1 existing job.

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.

If Creative Stone Surfaces, 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:

Debt Financing

Banks in Coral Gables, Florida

Florida SBA 7A Lenders

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