Business Loan from Ocean Bank Given to St. Barts Souruts, Inc.
Ocean Bank has a track record as a leading provider of SBA loans. Find out how this Florida entrepreneur received an SBA loan from them.
St. Barts Souruts, Inc. knew how to go about getting a business bank loan. Based in Miami, Florida, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was Ocean Bank, based in Miami, Florida.
SBA Loan Borrower
ST. BARTS SOURUTS, INC.
6208 SOUTH DIXIE HIGHWAY
MIAMI, FL 33143
SBA Loan Lender
OCEAN BANK
780 NW 42ND AVE
MIAMI, FL 33126
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5921 - Liquor Stores
NAICS Code
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
8/17/2001
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower, St. Barts Souruts, Inc., borrowed this money for an existing 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 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.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We've showcased information on this loan to St. Barts Souruts, Inc. to let you know that businesses like yours can get an SBA loan.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
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Banks in Miami, Florida
SBA Lenders in Florida
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