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December 22, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > New York City, Business Loans > Banco Popular North America New York City Business Loans > Vega Services Of Leesburg And Loan | ||||
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How to Get SBA Loans in Eustis, Florida
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Borrow Money to Buy a Midas Muffler Shop FranchiseNeed a loan to invest in a Midas Muffler Shop franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Eustis, Florida needed money to invest in a Midas Muffler Shop franchise back in 2006. Banco Popular North America issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower VEGA SERVICES OF LEESBURG AND SBA Loan Lender BANCO POPULAR NORTH AMERICA 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 811111 - General Automotive Repair Loan Approval Date 3/15/2006 Loan Approval Gross Amount $492,600 Loan Approval from the SBA Of the total $492,600 loan amount, the SBA guaranteed $369,450. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Midas Muffler Shop franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 5 existing jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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. Related Links: Midas International Corporation Advice on Getting a Small Business Loan Who Lends Money to Small Businesses in New York City, New York Getting a Business Loan in New York
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