Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

San Juan, Bank Loan

 

 
Loan Census SBA Loan Info

Where to Get Capital for Commercial Bakeries

With these small business loans for commercial bakeries, the SBA guarantees the lender that the loan will be repaid. This commercial bakeries loan for $25,000 was given to a entrepreneur in 2005.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Juan, was able to borrow $25,000 from Banco Bilbao Vizcaya Argentari. The SBA made the loan possible by guaranteeing $12,500 of this small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL BAKERIES
SAN JUAN, PR 00926

SBA Loan Lender

BANCO BILBAO VIZCAYA ARGENTARI
254 MUNOZ RIVERA AVE
SAN JUAN, PR 00936

This commercial 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

311812 - Commercial Bakeries

Loan Approval Date

7/14/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 4 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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