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| Entrepreneur Resources | Regions Bank Memphis Business Loans | ||||
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Miami, Florida Bank for SBA Loans
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Electrical Appliance, Television, and Radio Set Wholesalers LoansLooking for loans for electrical appliance, television, and radio set wholesalers? The SBA may be the answer. This $50,000 electrical appliance, television, and radio set wholesalers loan was issued by a Tennessee bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Miami, Florida was able to borrow $50,000 from Regions Bank. The SBA made the loan possible by guaranteeing $25,000 of this Florida small business loan. SBA Loan Borrower MG INTERNATIONAL SALES CORP SBA Loan Lender REGIONS BANK 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 421620 - Electrical Appliance, Television, and Radio Set Wholesalers Loan Approval Date 11/27/2001 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower, Mg International Sales Corp, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs. This loan was paid in full, and was closed out on 6/22/2006. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. If Mg International Sales Corp can get an SBA loan, there's no reason you can't get an SBA loan too. The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 Find an SBA Lender in Memphis, Tennessee 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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