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Banks for Miami, Florida Business Owners

 

 
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Bank Loans for Support Activities for Transportation

With these bank loans for support activities for transportation, the SBA guarantees the lender that the loan will be repaid. This support activities for transportation loan for $272,000 was given to a Florida entrepreneur in 2004.

Getting a small business loan in Miami, Florida was important for Je Vernazza Corporation back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Cit Small Business Lending Corp, operating out of Livingston, New Jersey. Here are the details on this Florida small business loan.

SBA Loan Borrower

JE VERNAZZA CORPORATION
2201 NW 102 PL UNIT 6
MIAMI, FL 33172

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

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

488999 - All Other Support Activities for Transportation

Loan Approval Date

3/31/2004

Loan Approval Gross Amount

$272,000

Loan Approval from the SBA

Of the total $272,000 loan amount, the SBA guaranteed $204,000.

More Information on This SBA Loan

The borrower, Je Vernazza Corporation, 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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. This loan was paid in full, and was closed out on 1/3/2008.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan to Je Vernazza Corporation 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:

Obtaining Funding - How to Borrow Money

SBA 7A Banks in Livingston, New Jersey

New Jersey SBA Bank Lenders

 

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