Where to Get Capital for Cut Stone and Stone Product Manufacturing

Looking for small business loans for cut stone and stone product manufacturing? Try the SBA. This $20,000 cut stone and stone product manufacturing loan was issued by a Florida bank.

Mr. Keystone Corp. received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Ocean Bank, out of Miami, Florida. The loan was granted and they received $20,000 to help grow their Miami, Florida business.

SBA Loan Borrower

MR. KEYSTONE CORP.
11893 SW 56 ST
MIAMI, FL 33175

SBA Loan Lender

OCEAN BANK
780 NW 42ND AVE
MIAMI, FL 33126

This lender issued this small business loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3281 - Cut Stone and Stone Products

NAICS Code

327991 - Cut Stone and Stone Product Manufacturing

Loan Approval Date

3/28/2001

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $17,000.

More Information on This SBA Loan

The borrower, Mr. Keystone Corp., borrowed this money for a new 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 did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. This loan was paid in full, and was closed out on 3/3/2005.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

If Mr. Keystone 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:

Equity Financing

SBA 7A Banks for Miami, Florida Loans

SBA Lenders in Florida

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.