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January 22, 2025 |
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| Home > Small Business Lenders by State > Business Loan Sources > San Juan, Business Loans > Banco Popular De Puerto Rico San Juan Business Loans > Furniture Stores Loan | ||||
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Business Loans for Rio Grande Small Business Owners
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Get an SBA Loan for Furniture StoresLooking for loans for furniture stores? Try the SBA. This $1,342,000 furniture stores loan was issued by a bank. This company knew how to go about getting a business bank loan. Based in Rio Grande, , they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Banco Popular De Puerto Rico, based in San Juan, . SBA Loan Borrower COMPANY TYPE: FURNITURE STORES SBA Loan Lender BANCO POPULAR DE PUERTO RICO The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5712 - Furniture Stores NAICS Code 442110 - Furniture Stores Loan Approval Date 9/30/2004 Loan Approval Gross Amount $1,342,000 Loan Approval from the SBA Of the total $1,342,000 loan amount, the SBA guaranteed $1,006,500. 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 10 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are working on finding money to start a business in Rio Grande PR, you ought to talk with a local Rio Grande SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rio Grande businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,342,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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:
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