San Juan, PR Entrepreneur Gets SBA Loan to Buy Taco Maker Franchise
Borrowing money to purchase a Taco Maker franchise? Banco Santander Puerto Rico has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Taco Maker franchise? If so, here's a 2007 SBA franchise loan that you should know about. Banco Santander Puerto Rico was the lender and the entrepreneur was based in San Juan, .
SBA Loan Borrower
TACO MAKER
SAN JUAN, PR 00936
SBA Loan Lender
BANCO SANTANDER PUERTO RICO
AVE PONCE DE LEON 207
HATO REY, PR 00918
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
3/30/2007
Loan Approval Gross Amount
$256,000
Loan Approval from the SBA
Of the total $256,000 loan amount, the SBA guaranteed $192,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Taco Maker franchise. At the time of the loan, the company
had 15 employees. This SBA loan request indicated that the loan would help generate 14 new jobs and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Banco Santander Puerto Rico so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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