Lakeland, FL Entrepreneur Gets SBA Loan to Buy Fish City Grill Franchise
Need a loan to purchase a Fish City Grill franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.
Fish City Grill franchise loans are available to Lakeland, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Banco Popular North America, based in New York City, New York, issued an SBA franchise loan for a Fish City Grill franchise in 2007. We've got all the details on this Florida small business loan.
SBA Loan Borrower
FISH CITY GRILL
LAKELAND, FL 33803
SBA Loan Lender
BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019
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
722110 - Full-Service Restaurants
Loan Approval Date
9/21/2007
Loan Approval Gross Amount
$576,000
Loan Approval from the SBA
Of the total $576,000 loan amount, the SBA guaranteed $432,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Fish City Grill franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help generate 17 new jobs and retain 1 existing job.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $576,000 loan. Remember, you control your own destiny.
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:
Fish City Grill
Understanding Dilution
Small Bank Loans in New York City, New York
Getting an SBA Loan in New York