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| Entrepreneur Resources | Flagler Bank West Palm Beach Business Loans | ||||
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SBA Lender Miami Florida
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Flagler Bank Gives SBA Loan to Southeast Ocean ChevronFlorida small business loans are available to Florida small business owners through the SBA. In this case, a Florida bank provides the loan.
By giving the right information to Flagler Bank, this Miami, Florida business was able to get an SBA loan. To get this loan, Southeast Ocean Chevron gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower SOUTHEAST OCEAN CHEVRON SBA Loan Lender FLAGLER BANK This bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and are well trained in SBA policies and procedures. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5541 - Gasoline Service Stations NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 4/29/2003 Loan Approval Gross Amount $700,000 Loan Approval from the SBA Of the total $700,000 loan amount, the SBA guaranteed $525,000. More Information on This SBA Loan The borrower, Southeast Ocean Chevron, 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 4 employees. This SBA loan request did not indicate that the business promised to use the money to add employees or retain any existing employees. This loan was paid in full, and was closed out on 3/30/2007. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Southeast Ocean Chevron got an SBA loan. You can too! Maybe you need seed money for 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: Best Banks for Small Business in West Palm Beach, Florida Where to Get an SBA Loan 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.
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