Where to Get Capital for Educational Support Services

Looking for small business loans for educational support services? The SBA may be the answer. This $250,000 educational support services loan was issued by a bank.

This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Banco Popular De Puerto Rico, out of San Juan, . The loan was granted and they received $250,000 to help grow their Gurabo, business.

SBA Loan Borrower

COMPANY TYPE: EDUCATIONAL SUPPORT SERVICES
GURABO, PR 00778

SBA Loan Lender

BANCO POPULAR DE PUERTO RICO
209 MUNOZ RIVERA AVE, POPULAR
SAN JUAN, PR 00918

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

611710 - Educational Support Services

Loan Approval Date

8/15/2005

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $212,500.

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 19 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 19 existing jobs.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Gurabo PR, you ought to talk with a local Gurabo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gurabo businesses.

While you may be able to find business people willing to loan money, 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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