Hato Rey, Bank Lends Money to Advertising Material Distribution Services Company in Carolina,
A Hato Rey, SBA loan can be yours. Learn how one firm got a $35,000 business loan from this bank.
This loan to an entrepreneur is a good example of an SBA loan. Banco Santander Puerto Rico made the loan and the SBA guaranteed a portion of the loan. Many other entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: ADVERTISING MATERIAL DISTRIBUTION SERVICES
CAROLINA, PR 00983
SBA Loan Lender
BANCO SANTANDER PUERTO RICO
AVE PONCE DE LEON 207
HATO REY, PR 00918
This lender processed this debt financing 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
541870 - Advertising Material Distribution Services
Loan Approval Date
9/15/2003
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 not for a franchise. At the time of the loan, the company
had 5 employees. The SBA loan documents indicated that the loan would help generate 20 new jobs and retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you have been wondering how do i get money to start a business in Carolina PR, you ought to talk with a local Carolina SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Carolina businesses.
We can help you find the best banks for small businesses in Carolina 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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