Florida Bank Loan Issued to Qualitas Trading U.S.A. Corp.

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

You can learn something about getting a small business loan in Miami, Florida by studying this loan to Qualitas Trading U.S.A. Corp., made back in 2006. Banks like Bank Leumi Usa may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

QUALITAS TRADING U.S.A. CORP.
3047 NW 107TH AVE
MIAMI, FL 33172

SBA Loan Lender

BANK LEUMI USA
800 BRICKELL AVE, STE 1400
MIAMI, FL 33131

This lender issued this SBA loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 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.

NAICS Code

423820 - Farm and Garden Machinery and Equipment Merchant Wholesalers

Loan Approval Date

11/22/2006

Loan Approval Gross Amount

$850,000

Loan Approval from the SBA

Of the total $850,000 loan amount, the SBA guaranteed $637,500.

More Information on This SBA Loan

The borrower, Qualitas Trading U.S.A. Corp., borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 14 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. This loan was paid in full, and was closed out on 1/31/2008.

Start the Process for Getting an SBA Loan Today!

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.

Qualitas Trading U.S.A. Corp. got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

About This SBA Loan Information:

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

Related Links:

Alternative Financing

Good Banks for Small Business in Miami, Florida

SBA Florida Banks

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