Borrow Money to Buy a Foot Solutions Franchise

Borrowing money to buy a Foot Solutions franchise? Doral Bank has a history of making these loans and they are guaranteed by the SBA.

Foot Solutions franchise loans are available to Guaynabo, entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Doral Bank, based in Catano, , issued an SBA franchise loan for a Foot Solutions franchise in 2004. We've got all the details on this small business loan.

SBA Loan Borrower

FOOT SOLUTIONS
GUAYNABO, PR 00968

SBA Loan Lender

DORAL BANK
163 BARBOSA AVE
CATANO, PR 00962

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5661 - Shoe Stores

NAICS Code

448210 - Shoe Stores

Loan Approval Date

11/18/2004

Loan Approval Gross Amount

$180,000

Loan Approval from the SBA

Of the total $180,000 loan amount, the SBA guaranteed $135,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Foot Solutions franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

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.

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.

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