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| Entrepreneur Resources | Regions Bank Memphis Business Loans | ||||
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Miami SBA Loans
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Regions Bank Gives Small Business Loan to Labib Baltagi Cpa, Inc.Bank loans in Florida are are few and far betweeen these days. We take a look at one Florida bank loan, provided by a Tennessee bank, that was approved by the SBA.
Labib Baltagi Cpa, 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 Regions Bank. We've got the inside scoop on this Florida small business loan. SBA Loan Borrower Labib Baltagi CPA, Inc. SBA Loan Lender REGIONS BANK This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 541211 - Offices of Certified Public Accountants Loan Approval Date 5/5/2005 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $175,000. More Information on This SBA Loan The borrower, Labib Baltagi Cpa, 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 125 employees. The loan application indicated that the loan would help generate 150 new jobs and retain 125 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. If Labib Baltagi Cpa, 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: Determining Proper Capital Structure for a Business Find an SBA Lender in Memphis, Tennessee Getting an SBA Loan in Tennessee 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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