Loan to Buy Oxxo Care Cleaners Franchise Issued By Banco Popular North America

Need a loan to purchase an Oxxo Care Cleaners franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.

Oxxo Care Cleaners franchise loans are available to Matawan, New Jersey 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 an Oxxo Care Cleaners franchise in 2008. We've got all the details on this New Jersey small business loan.

SBA Loan Borrower

OXXO CARE CLEANERS
MATAWAN, NJ 07747

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

812320 - Drycleaning and Laundry Services

Loan Approval Date

1/25/2008

Loan Approval Gross Amount

$509,000

Loan Approval from the SBA

Of the total $509,000 loan amount, the SBA guaranteed $381,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Oxxo Care Cleaners franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We can help you find the best banks for small businesses in Matawan 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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