Florida Business Loan Issued to Harrison Title Group, Inc.

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

By giving the right information to Business Lenders, LLC, this Miami, Florida business was able to get an SBA loan. To get this loan, Harrison Title Group, Inc. gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.

SBA Loan Borrower

HARRISON TITLE GROUP, INC.
7500 NW 25TH ST, SUITE 106
MIAMI, FL 33122

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

6541 - Title Abstract Offices

NAICS Code

541191 - Title Abstract and Settlement Offices

Loan Approval Date

3/6/2006

Loan Approval Gross Amount

$330,000

Loan Approval from the SBA

Of the total $330,000 loan amount, the SBA guaranteed $247,500.

More Information on This SBA Loan

The borrower, Harrison Title Group, Inc., borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 9 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. This loan was paid in full, and was closed out on 1/3/2007.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

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 Harrison Title Group, Inc. walked into Business Lenders, LLC 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:

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