Miami, Florida Entrepreneur Gets a Business Loan
Would a Florida small business loan help your small business to grow and prosper? If so, you may want to talk with this New Jersey bank, which offers SBA loans to Florida entrepreneurs.
Getting a small business loan in Miami, Florida was a top priority for Manuel A Hidalgo Dc back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Cit Small Business Lending Corp. Here are the details on this Florida small business loan.
SBA Loan Borrower
MANUEL A HIDALGO DC
9085 SW 87TH AVE STE #200
MIAMI, FL 33176
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
621310 - Offices of Chiropractors
Loan Approval Date
8/10/2001
Loan Approval Gross Amount
$120,500
Loan Approval from the SBA
Of the total $120,500 loan amount, the SBA guaranteed $102,425.
More Information on This SBA Loan
The borrower, Manuel A Hidalgo Dc, 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 SBA loan documents indicated that the loan would help retain 2 existing jobs. This loan was paid in full, and was closed out on 8/2/2006.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
We can help you find the best banks for small businesses in Miami or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
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