Graphic Design Services SBA Loans
Looking for SBA loans for graphic design services? Try the SBA. This $60,000 graphic design services loan was issued by a Virginia bank.
Getting a small business loan in Miami, Florida was important for Florida Pacific Trading Corp. back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Capital One, operating out of Mclean, Virginia. Here are the details on this Florida small business loan.
SBA Loan Borrower
FLORIDA PACIFIC TRADING CORP.
2877 SW 69 CT
MIAMI, FL 33155
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
This lender issued this SBA loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5085 - Industrial Supplies
NAICS Code
541430 - Graphic Design Services
Loan Approval Date
10/31/2001
Loan Approval Gross Amount
$60,000
Loan Approval from the SBA
Of the total $60,000 loan amount, the SBA guaranteed $51,000.
More Information on This SBA Loan
The borrower, Florida Pacific Trading Corp., borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The SBA loan documents did not indicate that the company promised to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
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.
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 Florida Pacific Trading Corp. walked into Capital One 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:
Raising Venture Capital
Where to Get an SBA Loan in Mclean, Virginia
Getting an SBA Loan in Virginia
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.