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| Entrepreneur Resources | Regions Bank Birmingham Business Loans | ||||
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Florida Small Business Funding
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Financing for Printing and Writing Paper Merchant WholesalersWith these commercial loans for printing and writing paper merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This printing and writing paper merchant wholesalers loan for $350,000 was given to a Florida entrepreneur in 2007.
Getting a small business loan in Miami, Florida was important for Carrasco International Corp back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Regions Bank, operating out of Birmingham, Alabama. Here are the details on this Florida small business loan. SBA Loan Borrower Carrasco International Corp SBA Loan Lender REGIONS 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 424110 - Printing and Writing Paper Merchant Wholesalers Loan Approval Date 6/14/2007 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $262,500. More Information on This SBA Loan The borrower, Carrasco International Corp, borrowed this money for an existing 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 indicated that the loan would help generate 2 new jobs and retain 4 existing jobs. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as Carrasco International Corp walked into Regions Bank and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money! About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Obtaining Funding From a Venture Capitalist SBA Participating Banks in Birmingham, Alabama 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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