Pasha's Restaurants Inc Gets a Florida Bank Loan

Florida SBA loans are available to Florida entrepreneurs through the SBA. In this case, a Tennessee bank provides the loan.

Getting a small business loan in Miami, Florida was a top priority for Pasha's Restaurants Inc back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Regions Bank. Here are the details on this Florida small business loan.

SBA Loan Borrower

PASHA'S RESTAURANTS INC
3801 NORTH MIAMI AVE
MIAMI, FL 33127

SBA Loan Lender

REGIONS BANK
6200 POPLAR AVE
MEMPHIS, TN 38119

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722310 - Food Service Contractors

Loan Approval Date

9/6/2002

Loan Approval Gross Amount

$405,000

Loan Approval from the SBA

Of the total $405,000 loan amount, the SBA guaranteed $303,750.

More Information on This SBA Loan

The borrower, Pasha's Restaurants Inc, borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Getting an SBA Loan For Your Business

If you are raising money 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.

We can help you find the best banks for small businesses in Miami or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Borrowing Money from Friends and Family

SBA Approved Banks in Memphis, Tennessee

Tennessee SBA Banks

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