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November 21, 2024 |
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| Home > Small Business Lenders by State > Business Loan Sources > Santurce, Business Loans > Firstbank Puerto Rico Santurce Business Loans > Stationery And Office Supplies Loan | ||||
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Firstbank Puerto Rico
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Carolina, Business Gets SBA-Guaranteed Funding from Firstbank Puerto RicoAn SBA loan from Firstbank Puerto Rico typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Carolina, business owner got a $85,000 loan. This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Firstbank Puerto Rico, out of Santurce, . The loan was granted and they received $85,000 to help grow their Carolina, business. SBA Loan Borrower COMPANY TYPE: STATIONERY AND OFFICE SUPPLIES SBA Loan Lender FIRSTBANK PUERTO RICO This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5112 - Stationery and Office Supplies NAICS Code 424990 - Nondurable Goods Merchant Wholesalers Loan Approval Date 5/23/2006 Loan Approval Gross Amount $85,000 Loan Approval from the SBA Of the total $85,000 loan amount, the SBA guaranteed $72,250. 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 5 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $85,000 loan. Remember, fight for what you want, and it will be yours! 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:
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