Just Good Food Enterprises, Inc. Gets a Florida Bank Loan

Florida SBA loans are available to Florida entrepreneurs through the SBA. In this case, a Florida bank provides the loan.

Getting a small business loan in Miami, Florida was a top priority for Just Good Food Enterprises, Inc. back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Bankunited, Fsb. Here are the details on this Florida small business loan.

SBA Loan Borrower

Just Good Food Enterprises, Inc.
8287 South Dixie Highway
MIAMI, FL 33143

SBA Loan Lender

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

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

722110 - Full-Service Restaurants

Loan Approval Date

6/18/2007

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $100,000.

More Information on This SBA Loan

The borrower, Just Good Food Enterprises, Inc., borrowed this money for a new 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 20 employees. The SBA loan documents indicated that the loan would help generate 22 new jobs and retain 20 existing jobs.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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 Bankunited, Fsb 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:

The Friends and Family Network

Good Banks for Small Business in Coral Gables, Florida

Where to Get an SBA Loan Florida

If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.