How to Get a Loan for Recreational Vehicle Dealers
Looking for business loans for recreational vehicle dealers? The SBA may be the answer. This $1,392,900 recreational vehicle dealers loan was issued by a New York bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Casper, Wyoming was able to borrow $1,392,900 from Banco Popular North America. The SBA made the loan possible by guaranteeing $1,044,675 of this Wyoming small business loan.
SBA Loan Borrower
COMPANY TYPE: RECREATIONAL VEHICLE DEALERS
CASPER, WY 82601
SBA Loan Lender
BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
441210 - Recreational Vehicle Dealers
Loan Approval Date
10/17/2007
Loan Approval Gross Amount
$1,392,900
Loan Approval from the SBA
Of the total $1,392,900 loan amount, the SBA guaranteed $1,044,675.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 17 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 17 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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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