Florida Bank Loan Issued to Golden Glades U-Gas

Looking to get a Florida bank loan? This Florida entrepreneur got a bank loan, provided by a Florida bank that works with the SBA to help small business owners.

Golden Glades U-Gas, 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 Floridian Community Bank. We've got the inside scoop on this Florida small business loan.

SBA Loan Borrower

GOLDEN GLADES U-GAS
10 NE 167 ST
MIAMI, FL 33162

SBA Loan Lender

FLORIDIAN COMMUNITY BANK
5599 S UNIVERSITY DR, STE 100
DAVIE, FL 33328

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5541 - Gasoline Service Stations

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

4/29/2005

Loan Approval Gross Amount

$1,639,636

Loan Approval from the SBA

Of the total $1,639,636 loan amount, the SBA guaranteed $1,229,727.

More Information on This SBA Loan

The borrower, Golden Glades U-Gas, 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 2 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Floridian Community Bank and they will explain how you can get an SBA loan for your company.

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

Find an SBA Lender in Davie, Florida

Where to Get an SBA Loan Florida

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