Financing for Information Services
With these commercial loans for information services, the SBA guarantees the lender that the loan will be repaid. This information services loan for $19,600 was given to a entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Quebradillas, was able to borrow $19,600 from Banco Bilbao Vizcaya Argentari. The SBA made the loan possible by guaranteeing $9,800 of this small business loan.
SBA Loan Borrower
COMPANY TYPE: INFORMATION SERVICES
QUEBRADILLAS, PR 00678
SBA Loan Lender
BANCO BILBAO VIZCAYA ARGENTARI
254 MUNOZ RIVERA AVE
SAN JUAN, PR 00936
This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
514199 - Information Services
Loan Approval Date
1/21/2005
Loan Approval Gross Amount
$19,600
Loan Approval from the SBA
Of the total $19,600 loan amount, the SBA guaranteed $9,800.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
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.
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.
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