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| Entrepreneur Resources | Temecula Valley Bank Temecula Business Loans | ||||
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Getting an SBA Loan in Miami, Florida
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Miami, Florida Entrepreneur Gets a Bank LoanWould a Florida business loan help your company expand? If so, you may want to talk with this California bank, which offers SBA loans to Florida entrepreneurs.
You can learn something about getting a small business loan in Miami, Florida by studying this loan to State Farm Insurance, made back in 2003. Banks like Temecula Valley Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower STATE FARM INSURANCE SBA Loan Lender TEMECULA VALLEY BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 524210 - Insurance Agencies and Brokerages Loan Approval Date 11/26/2003 Loan Approval Gross Amount $204,000 Loan Approval from the SBA Of the total $204,000 loan amount, the SBA guaranteed $153,000. More Information on This SBA Loan The borrower, State Farm Insurance, 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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs. This loan was paid in full, and was closed out on 11/2/2007. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. State Farm Insurance needed a loan. Temecula Valley Bank probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, Temecula Valley Bank made the loan. The end result was that State Farm Insurance was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Who Lends Money to Small Businesses in Temecula, California Getting an SBA Loan in California 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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