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December 22, 2024 |
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| Home > Small Business Lenders by State > Business Loan Sources > San Juan, Business Loans > Economic Devel Bank For Puerto R San Juan Business Loans > Eating Places Loan | ||||
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SBA Lender Guaynabo
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Economic Devel Bank For Puerto R Gives Business Loan to Eating Places CompanyWant a business loan? This entrepreneur got a business loan, provided by a bank that works with the SBA to help small business owners. Getting a small business loan in Guaynabo, was a top priority for this SBA-financed company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Economic Devel Bank For Puerto R. Here are the details on this small business loan. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender ECONOMIC DEVEL BANK FOR PUERTO R The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide 7A business loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 6/5/2000 Loan Approval Gross Amount $521,656 Loan Approval from the SBA Of the total $521,656 loan amount, the SBA guaranteed $339,076. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 25 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Obtaining Funding - How to Decide How Much to Raise
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