Where to Get Capital for Optical Goods Stores
With these SBA loans for optical goods stores, the SBA guarantees the lender that the loan will be repaid. This optical goods stores loan for $52,000 was given to a entrepreneur in 2003.
This small business knew how to go about getting a business bank loan. Based in Caguas, , they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Banco Popular De Puerto Rico, based in San Juan, .
SBA Loan Borrower
COMPANY TYPE: OPTICAL GOODS STORES
CAGUAS, PR 00725
SBA Loan Lender
BANCO POPULAR DE PUERTO RICO
209 MUNOZ RIVERA AVE, POPULAR
SAN JUAN, PR 00918
This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
446130 - Optical Goods Stores
Loan Approval Date
8/19/2003
Loan Approval Gross Amount
$52,000
Loan Approval from the SBA
Of the total $52,000 loan amount, the SBA guaranteed $26,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 3 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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