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December 23, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > New York City, Business Loans > Banco Popular North America New York City Business Loans > Tobacco And Tobacco Product Merchant Wholesalers Loan | ||||
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Raising Money in Miami, Florida With SBA Loans
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Raising Money for Tobacco and Tobacco Product Merchant WholesalersLooking for business loans for tobacco and tobacco product merchant wholesalers? Talk to a banker who works with the SBA. This $5,000 tobacco and tobacco product merchant wholesalers loan was issued by a New York bank. Getting a small business loan in Miami, Florida was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Banco Popular North America, operating out of New York City, New York. Here are the details on this Florida small business loan. SBA Loan Borrower COMPANY TYPE: TOBACCO AND TOBACCO PRODUCT MERCHANT WHOLESALERS SBA Loan Lender BANCO POPULAR NORTH AMERICA This lender processed this small business 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 424940 - Tobacco and Tobacco Product Merchant Wholesalers Loan Approval Date 6/28/2007 Loan Approval Gross Amount $5,000 Loan Approval from the SBA Of the total $5,000 loan amount, the SBA guaranteed $2,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 6 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. 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. Related Links: Advice on Getting a Small Business Loan SBA 7A Lenders in New York City, New York
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