Miami, Florida Entrepreneur Gets a Small Business Loan
Would a Florida small business loan help your small business to grow and prosper? If so, you may want to talk with this California bank, which offers SBA loans to Florida entrepreneurs.
Joecool.Com, Inc., based in Miami, Florida, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from California Bank & Trust. We've got the inside scoop on this Florida small business loan.
SBA Loan Borrower
JoeCool.com, Inc.
14352 Biscayne Blvd.
Miami, FL 33181
SBA Loan Lender
CALIFORNIA BANK & TRUST
11622 EL CAMINO REAL, STE 200
SAN DIEGO, CA 92130
The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
541810 - Advertising Agencies
Loan Approval Date
5/18/2006
Loan Approval Gross Amount
$33,900
Loan Approval from the SBA
Of the total $33,900 loan amount, the SBA guaranteed $16,950.
More Information on This SBA Loan
The borrower, Joecool.Com, 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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start 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 Joecool.Com, 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:
Advice on Getting a Small Business Loan
SBA 7A Lenders in San Diego, California
California SBA 7A Lenders
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