New York City, New York Bank Gives SBA Loan to General Line Grocery Merchant Wholesalers Company
Want to talk with a New York City, New York bank about a business loan? Here's one New York business loan, issued by a New York City bank, that was approved by the SBA.
Applying for an SBA loan with Banco Popular North America worked out well for our friends at one local firm in Brooklyn, New York. The business was able to get an SBA loan for $3,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: GENERAL LINE GROCERY MERCHANT WHOLESALERS
BROOKLYN, NY 11205
SBA Loan Lender
BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019
This loan for a small business 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
424410 - General Line Grocery Merchant Wholesalers
Loan Approval Date
4/9/2007
Loan Approval Gross Amount
$3,000
Loan Approval from the SBA
Of the total $3,000 loan amount, the SBA guaranteed $1,500.
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 only one employee. The loan application indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Banco Popular North America are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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.
Related Links:
Raising VC Money for Social Networking Companies
Best Banks in New York City, New York
Browse All Business Loan Sources for New York