Temecula Valley Bank SBA Loan to Miami Film Connection, Inc.
An SBA loan from Temecula Valley Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Miami, Florida business owner got a $378,000 loan.
Getting a small business loan in Miami, Florida was an essential business goal for Miami Film Connection, Inc. back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Temecula Valley Bank, operating out of Temecula, California. Here are the details on this Florida small business loan.
SBA Loan Borrower
MIAMI FILM CONNECTION, INC.
6915 NW 51 ST
MIAMI, FL 33166
SBA Loan Lender
TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5946 - Camera and Photographic Supply Stores
NAICS Code
443130 - Camera and Photographic Supplies Stores
Loan Approval Date
7/1/2003
Loan Approval Gross Amount
$378,000
Loan Approval from the SBA
Of the total $378,000 loan amount, the SBA guaranteed $283,500.
More Information on This SBA Loan
The borrower, Miami Film Connection, Inc., borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Miami Film Connection, Inc. did when it applied for and received this $378,000 loan. Remember, anyone can do it... so why not 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
Best Temecula, California Banks for Small Business
California SBA Banks
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