Glass and Glazing Contractors Bank Loans
Looking for bank loans for glass and glazing contractors? Try the SBA. This $607,000 glass and glazing contractors loan was issued by a New York bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Santa Fe Springs, California was able to borrow $607,000 from Banco Popular North America. The SBA made the loan possible by guaranteeing $455,250 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: GLASS AND GLAZING CONTRACTORS
SANTA FE SPRINGS, CA 90670
SBA Loan Lender
BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019
This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
238150 - Glass and Glazing Contractors
Loan Approval Date
3/15/2004
Loan Approval Gross Amount
$607,000
Loan Approval from the SBA
Of the total $607,000 loan amount, the SBA guaranteed $455,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 10 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 12 existing jobs.
Next Steps for Getting an SBA Loan
Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
We can help you find the best banks for small businesses in Santa Fe Springs or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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