Florida Small Business Loan Issued to Kingsley International Trading
Business loans in Florida are hard to find these days. We take a look at one Florida business loan, provided by a New York bank, that was approved by the SBA.
Getting a small business loan in Miami, Florida was a top priority for Kingsley International Trading back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Hsbc Bank Usa. Here are the details on this Florida small business loan.
SBA Loan Borrower
KINGSLEY INTERNATIONAL TRADING
7105 NW 41ST ST
MIAMI, FL 33166
SBA Loan Lender
HSBC BANK USA
360 S WARREN ST
SYRACUSE, NY 13202
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
423990 - Other Miscellaneous Durable Goods Merchant Wholesalers
Loan Approval Date
11/22/2004
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $20,000.
More Information on This SBA Loan
The borrower, Kingsley International Trading, 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 4 employees. The loan application indicated that the loan would help generate 1 new job and retain 4 existing jobs.
Getting an SBA Loan For Your Business
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.
Kingsley International Trading got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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
Small Bank Loans in Syracuse, New York
Browse All Business Loan Sources for New York
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