San Juan, Bank Gives SBA Loan to Book Stores Company
Want to talk with a San Juan, bank about an SBA loan? Here's one business loan, issued by a San Juan bank, that was approved by the SBA.
Applying for an SBA loan with Banco Popular De Puerto Rico worked out well for our friends at one local firm in Carolina, . The business was able to get an SBA loan for $120,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: BOOK STORES
CAROLINA, PR 00983
SBA Loan Lender
BANCO POPULAR DE PUERTO RICO
209 MUNOZ RIVERA AVE, POPULAR
SAN JUAN, PR 00918
This bank loan 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
451211 - Book Stores
Loan Approval Date
4/14/2003
Loan Approval Gross Amount
$120,000
Loan Approval from the SBA
Of the total $120,000 loan amount, the SBA guaranteed $60,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 8 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 6 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
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.
Related Links:
SBIR Funding