Las Vegas, Nevada Bank Lends Money to Mitti Corp in Miami, Florida
Get to know Las Vegas, Nevada banks that specialize in small business loans and know how to work with entrepreneurs. Citibank is one such bank, as evidenced by this SBA loan to Mitti Corp.
Finding a small business loan in Miami, Florida starts with an understanding of who else has gotten loans in the area. In this case, Mitti Corp received funding from Citibank Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
MITTI CORP
12371 SOUTHWEST 128TH COURT
MIAMI, FL 33186
SBA Loan Lender
CITIBANK
3900 PARADISE RD, STE 127
LAS VEGAS, NV 89109
This lender processed this business 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
423110 - Automobile and Other Motor Vehicle Merchant Wholesalers
Loan Approval Date
12/28/2006
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $15,000.
More Information on This SBA Loan
The borrower, Mitti Corp, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
If Mitti 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:
Banking Deregulation's Effects on Entrepreneurship
SBA 7A Lenders in Las Vegas, Nevada
Where to Get an SBA Loan Nevada
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.