Sign Manufacturing Loans

With these loans for sign manufacturing, the SBA guarantees the lender that the loan will be repaid. This sign manufacturing loan for $1,195,000 was given to a Louisiana entrepreneur in 2005.

Getting a small business loan in Baton Rouge, Louisiana was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Banco Popular North America, operating out of New York City, New York. Here are the details on this Louisiana small business loan.

SBA Loan Borrower

COMPANY TYPE: SIGN MANUFACTURING
BATON ROUGE, LA 70814

SBA Loan Lender

BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

10/14/2005

Loan Approval Gross Amount

$1,195,000

Loan Approval from the SBA

Of the total $1,195,000 loan amount, the SBA guaranteed $896,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 17 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 17 existing jobs.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Baton Rouge LA, you ought to talk with a local Baton Rouge SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Baton Rouge businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,195,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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