Homestead, Florida Bank Gives SBA Loan to Tiny Tots Learning Center, Inc

Find Homestead, Florida banks that specialize in SBA loans and know how to work with entrepreneurs. Community Bank Of Florida is one such bank, as evidenced by this SBA loan to Tiny Tots Learning Center, Inc.

Finding a small business loan in Miami, Florida starts with an understanding of who else has gotten loans in the area. In this case, Tiny Tots Learning Center, Inc received funding from Community Bank Of Florida Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

TINY TOTS LEARNING CENTER, INC
18400 NW 2ND AVE, #10
MIAMI, FL 33169

SBA Loan Lender

COMMUNITY BANK OF FLORIDA
28801 SW 157TH AVE
HOMESTEAD, FL 33030

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8351 - Child Day Care Services

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

5/10/2004

Loan Approval Gross Amount

$137,000

Loan Approval from the SBA

Of the total $137,000 loan amount, the SBA guaranteed $116,450.

More Information on This SBA Loan

The borrower, Tiny Tots Learning Center, Inc, borrowed this money for a new 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 only one employee. The loan application did not indicate that the small 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 3/2/2007.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Miami or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

About This SBA Loan Information:

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

Related Links:

Find Start-Up Capital

Small Business Banks in Homestead, Florida

Florida SBA 7A Lenders

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.