Banco Popular North America Provides SBA Loan to Buy Pump It Up Franchise

Need money to purchase a Pump It Up franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Marietta, Georgia needed money to invest in a Pump It Up franchise back in 2007. Banco Popular North America issued an SBA franchise loan. Here are the details on this Georgia small business loan.

SBA Loan Borrower

PUMP IT UP OF MARIETTA
MARIETTA, GA 30066

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

713120 - Amusement Arcades

Loan Approval Date

2/14/2007

Loan Approval Gross Amount

$218,600

Loan Approval from the SBA

Of the total $218,600 loan amount, the SBA guaranteed $163,950.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Pump It Up franchise. At the time of the loan, the company had 46 employees. This SBA loan request indicated that the loan would help retain 46 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Marietta or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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