Loan to Buy Carvel Ice Cream Franchise Issued By Banco Popular North America
Need a loan to invest in a Carvel Ice Cream franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Carvel Ice Cream franchise? If so, here's a 2006 SBA franchise loan that you should know about. Banco Popular North America was the lender and the entrepreneur was based in Spring Hill, Florida.
SBA Loan Borrower
JAM TAK INC DBA CARVEL ICE CRE
SPRING HILL, FL 34606
SBA Loan Lender
BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019
This business 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
445292 - Confectionery and Nut Stores
Loan Approval Date
11/16/2006
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. This loan was used to buy a Carvel Ice Cream franchise. At the time of the loan, the company
had 8 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Banco Popular North America 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.
Related Links:
Carvel Ice Cream
Carvel Corporation
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SBA Participating Banks in New York City, New York
Getting an SBA Loan in New York