San Francisco, California Bank Gives SBA Loan to Felix Truck Center Inc

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

Applying for an SBA loan with Citibank worked out well for our friends at Felix Truck Center Inc in Miami, Florida. They received an SBA loan for $47,000. Great job!

SBA Loan Borrower

FELIX TRUCK CENTER INC
2951 NORTHWEST 27TH AVENUE
MIAMI, FL 33142

SBA Loan Lender

CITIBANK
ONE SANSOME ST
SAN FRANCISCO, CA 94104

This lender processed this bank 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

441120 - Used Car Dealers

Loan Approval Date

2/2/2004

Loan Approval Gross Amount

$47,000

Loan Approval from the SBA

Of the total $47,000 loan amount, the SBA guaranteed $23,500.

More Information on This SBA Loan

The borrower, Felix Truck Center 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 3 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. Felix Truck Center Inc recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

About This SBA Loan Information:

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

Related Links:

How to Raise Money

Where to Get an SBA Loan in San Francisco, California

Where to Get an SBA Loan California

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