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| Entrepreneur Resources | Cit Small Business Lending Corp Livingston Business Loans | ||||
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Who Can Get a Business Loan in Miami, Florida?
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Where to Get Capital for Supermarkets and Grocery StoresWith these small business loans for supermarkets and grocery stores, the SBA guarantees the lender that the loan will be repaid. This supermarkets and grocery stores loan for $569,000 was given to a Florida entrepreneur in 2004.
Getting a small business loan in Miami, Florida was important for Le Parisian Grocery 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 LE PARISIAN GROCERY SBA Loan Lender CIT SMALL BUSINESS LENDING CORP 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 445110 - Supermarkets and Other Grocery (except Convenience) Stores Loan Approval Date 5/24/2004 Loan Approval Gross Amount $569,000 Loan Approval from the SBA Of the total $569,000 loan amount, the SBA guaranteed $426,750. More Information on This SBA Loan The borrower, Le Parisian Grocery, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs. This loan was paid in full, and was closed out on 5/1/2007. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. 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 Le Parisian Grocery is able to get a $569,000 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: Who Lends Money to Small Businesses in Livingston, New Jersey Getting a Business Loan in New Jersey 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.
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