Memphis, Tennessee Lender Lends Money to Mortgage Bankers Of Florida

Get business loans from a Memphis, Tennessee bank that knows how to treat small business owners right! If Mortgage Bankers Of Florida can get a loan, there's no reason you can't do it too.

Regions Bank is a Memphis, Tennessee small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Mortgage Bankers Of Florida a Florida company.

SBA Loan Borrower

MORTGAGE BANKERS OF FLORIDA
7850 NW 146 ST STE #423
MIAMI, FL 33016

SBA Loan Lender

REGIONS BANK
6200 POPLAR AVE
MEMPHIS, TN 38119

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

522310 - Mortgage and Nonmortgage Loan Brokers

Loan Approval Date

10/4/2001

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, Mortgage Bankers Of Florida, 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 SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs. This loan was paid in full, and was closed out on 4/12/2005.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Miami FL, you ought to talk with a local Miami SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Miami businesses.

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 Mortgage Bankers Of Florida is able to get a $50,000 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.

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