Raising Money for Radio, Television, and Electronics Stores

Looking for bank loans for radio, television, and electronics stores? Talk to a banker who works with the SBA. This $100,000 radio, television, and electronics stores loan was issued by a Florida bank.

Iq Electronic Interiors, Inc. received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Bankunited, Fsb, out of Coral Gables, Florida. The loan was granted and they received $100,000 to help grow their Miami, Florida business.

SBA Loan Borrower

IQ ELECTRONIC INTERIORS, INC.
12039 SW 117TH CT
MIAMI, FL 33186

SBA Loan Lender

BANKUNITED, FSB
255 ALHAMBRA CIR, 2ND FL
CORAL GABLES, FL 33134

The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

443112 - Radio, Television, and Other Electronics Stores

Loan Approval Date

6/5/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower, Iq Electronic Interiors, Inc., borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

If Iq Electronic Interiors, Inc. can get an SBA loan, there's no reason you can't get an SBA loan too. The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

About This SBA Loan Information:

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

Related Links:

A Company That Helps Entrepreneurs

SBA 7A Lenders in Coral Gables, Florida

Florida SBA 7A Banks

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