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| Entrepreneur Resources | Newtek Small Business Finance Inc. New York Business Loans | ||||
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How to Get a Business Loan in Miami, Florida
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Florida Bank Loan Issued to Floral Distribution & LogisticFlorida business loans are available to Florida business owners through the SBA. In this case, a New York bank provides the loan.
Floral Distribution & Logistic, based in Miami, Florida, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Newtek Small Business Finance Inc.. We've got the inside scoop on this Florida small business loan. SBA Loan Borrower FLORAL DISTRIBUTION & LOGISTIC SBA Loan Lender NEWTEK SMALL BUSINESS FINANCE INC. 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 493110 - General Warehousing and Storage Loan Approval Date 10/7/2005 Loan Approval Gross Amount $181,000 Loan Approval from the SBA Of the total $181,000 loan amount, the SBA guaranteed $135,750. More Information on This SBA Loan The borrower, Floral Distribution & Logistic, borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 7 new jobs. This loan was paid in full, and was closed out on 11/2/2006. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan to Floral Distribution & Logistic shows that any business with ambition and the right qualifications can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: The Friends and Family Network Where to Get an SBA Loan in New York, New York Where to Get an SBA Loan New York 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.
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