Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Loans to Buy a Franchise in

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Taco Maker Franchise

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

Want to borrow money to buy a Taco Maker franchise? If so, here's a 2003 SBA franchise loan that you should know about. Banco Popular De Puerto Rico was the lender and the entrepreneur was based in Camuy, .

SBA Loan Borrower

TACO MAKER PLAZA DEL NORTE
CAMUY, PR 00627

SBA Loan Lender

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

This lender processed this SBA 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

722110 - Full-Service Restaurants

Loan Approval Date

9/30/2003

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Taco Maker franchise. At the time of the loan, the company had 23 employees. The loan application indicated that the loan would help retain 23 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Camuy PR, you ought to talk with a local Camuy SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Camuy 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 $35,000 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.

Related Links:

Taco Maker

Accountant's Role in Securing Financing