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Business Loans for Miami Businesses

 

 
Gaebler Ventures is a business incubator, holding company, and private equity firm. We help entrepreneurs transform ideas and innovations into greatness.

Offices of Dentists Small Business Loans

Looking for small business loans for offices of dentists? The SBA may be the answer. This $682,000 offices of dentists loan was issued by a New Jersey bank.

Getting a small business loan in Miami, Florida was important for Judes Occan LLC And Judy Mejid 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

JUDES OCCAN LLC AND JUDY MEJID
9560 SW 107TH AVE UNITS 205
MIAMI, FL 33176

SBA Loan Lender

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

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Offices of Dentists

Loan Approval Date

8/18/2004

Loan Approval Gross Amount

$682,000

Loan Approval from the SBA

Of the total $682,000 loan amount, the SBA guaranteed $511,500.

More Information on This SBA Loan

The borrower, Judes Occan LLC And Judy Mejid, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help generate 1 new job and retain 4 existing jobs. This loan was paid in full, and was closed out on 3/25/2008.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. If a firm like Judes Occan LLC And Judy Mejid is able to get a $682,000 loan, why not give getting an SBA loan of your own a try?

About This SBA Loan Information:

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

Related Links:

Determining Proper Capital Structure for a Business

Best Banks in Livingston, New Jersey

Getting an SBA Loan in New Jersey

 

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