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December 22, 2024  
 
 
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Raising Money in Cabo Rojo, With SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Taco Maker Franchise Issued By Banco Popular De Puerto Rico

Need money to purchase a Taco Maker franchise? Banco Popular De Puerto Rico has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Cabo Rojo, needed money to invest in a Taco Maker franchise back in 2004. Banco Popular De Puerto Rico issued an SBA franchise loan. Here are the details on this small business loan.

SBA Loan Borrower

R I DELESTRE INC
CABO ROJO, PR 00623

SBA Loan Lender

BANCO POPULAR DE PUERTO RICO
209 MUNOZ RIVERA AVE, POPULAR
SAN JUAN, PR 00918

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

6/24/2004

Loan Approval Gross Amount

$160,000

Loan Approval from the SBA

Of the total $160,000 loan amount, the SBA guaranteed $120,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Taco Maker franchise. At the time of the loan, the company had 18 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

We can help you find the best banks for small businesses in Cabo Rojo or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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