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| Entrepreneur Resources | Internatl Bank - Miami Coral Gables Business Loans | ||||
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Miami, Florida Bank for SBA Loans
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How to Get a Loan for Offices of Real Estate Agents and BrokersWith these commercial loans for offices of real estate agents and brokers, the SBA guarantees the lender that the loan will be repaid. This offices of real estate agents and brokers loan for $280,000 was given to a Florida entrepreneur in 2001.
The Ambassadors Resort Inc received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Internatl Bank - Miami, out of Coral Gables, Florida. The loan was granted and they received $280,000 to help grow their Miami, Florida business. SBA Loan Borrower THE AMBASSADORS RESORT INC SBA Loan Lender INTERNATL BANK - MIAMI 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 531210 - Offices of Real Estate Agents and Brokers Loan Approval Date 6/6/2001 Loan Approval Gross Amount $280,000 Loan Approval from the SBA Of the total $280,000 loan amount, the SBA guaranteed $210,000. More Information on This SBA Loan The borrower, The Ambassadors Resort Inc, 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 indicated that the loan would help retain 14 existing jobs. This loan was paid in full, and was closed out on 9/1/2004. Next Steps for Getting an SBA Loan If you want money for new small business 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. If The Ambassadors Resort Inc can get an SBA loan, there's no reason you can't get an SBA loan too. The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Microlending as a Small Business Funding Source Find an SBA Lender in Coral Gables, 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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