J.M. Trading Import And Export, Inc. Gets a Florida Small Business Loan
Would a Florida SBA loan help your business get to the next level? If so, you may want to talk with this California bank, which offers SBA loans to Florida entrepreneurs.
Getting a small business loan in Miami, Florida was a top priority for J.M. Trading Import And Export, Inc. back in 2006 and, based on their loan application, they were successful in getting an SBA loan from California Bank & Trust. Here are the details on this Florida small business loan.
SBA Loan Borrower
J.M. Trading Import and Export, Inc.
5583 NW 79th Avenue
Miami, FL 33166
SBA Loan Lender
CALIFORNIA BANK & TRUST
11622 EL CAMINO REAL, STE 200
SAN DIEGO, CA 92130
This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
424340 - Footwear Merchant Wholesalers
Loan Approval Date
5/22/2006
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower, J.M. Trading Import And Export, Inc., 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. The loan application indicated that the loan would help retain 6 existing jobs.
Start the Process for Getting an SBA Loan Today!
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. J.M. Trading Import And Export, Inc. needed a loan. California Bank & Trust 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, California Bank & Trust made the loan. The end result was that J.M. Trading Import And Export, Inc. 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.
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