Sacramento, California Bank Lends Money to Dade Appliance & Air Condition in Miami, Florida
Get SBA loans from a Sacramento, California bank that knows how to treat small business owners right! If Dade Appliance & Air Condition can get a loan, there's no reason you can't do it too.
California Bank & Trust is a Sacramento, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Dade Appliance & Air Condition a Florida company.
SBA Loan Borrower
DADE APPLIANCE & AIR CONDITION
4248 NW 72ND AVENUE
MIAMI, FL 33166
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
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
443111 - Household Appliance Stores
Loan Approval Date
3/10/2003
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower, Dade Appliance & Air Condition, 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 12 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 12 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Miami or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Realistic Debt Financing Options
Best Sacramento, California Banks for Small Business
California SBA 7A Banks
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