Loans for Confectionery and Nut Stores
Looking for loans for confectionery and nut stores? Talk to a banker who works with the SBA. This $200,000 confectionery and nut stores loan was issued by a New Jersey bank.
Getting a small business loan in Miami, Florida was important for Hunter & Mitchell LLC back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Cit Small Business Lending Corp, operating out of Livingston, New Jersey. Here are the details on this Florida small business loan.
SBA Loan Borrower
Hunter & Mitchell LLC
20465 Old Cutler Road
Miami, FL 33190
SBA Loan Lender
CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445292 - Confectionery and Nut Stores
Loan Approval Date
4/26/2006
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
More Information on This SBA Loan
The borrower, Hunter & Mitchell LLC, borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 15 employees. This SBA loan request indicated that the loan would help retain 15 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Hunter & Mitchell LLC did when it applied for and received this $200,000 loan. Remember, things become real when you believe you can achieve them!
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
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