San Juan, Bank Lends Money to Printing And Writing Paper Merchant Wholesalers Company in Humacao,
Find San Juan, banks that specialize in business loans and know how to work with entrepreneurs. Banco Popular De Puerto Rico is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Humacao, starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Banco Popular De Puerto Rico. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: PRINTING AND WRITING PAPER MERCHANT WHOLESALERS
HUMACAO, PR 00791
SBA Loan Lender
BANCO POPULAR DE PUERTO RICO
209 MUNOZ RIVERA AVE, POPULAR
SAN JUAN, PR 00918
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
424110 - Printing and Writing Paper Merchant Wholesalers
Loan Approval Date
4/28/2005
Loan Approval Gross Amount
$930,300
Loan Approval from the SBA
Of the total $930,300 loan amount, the SBA guaranteed $697,725.
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 32 employees. The SBA loan application for the borrower indicated that the loan would help retain 32 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
This SBA loan was for $930,300. How would you spend $930,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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