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November 21, 2024 |
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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 > Pharmacies And Drug Stores Loan | ||||
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Pharmacies and Drug Stores Business LoansLooking for business loans for pharmacies and drug stores? Try the SBA. This $207,900 pharmacies and drug stores loan was issued by a bank. Getting a small business loan in Toa Alta, was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Banco Popular De Puerto Rico, operating out of San Juan, . Here are the details on this small business loan. SBA Loan Borrower COMPANY TYPE: PHARMACIES AND DRUG STORES SBA Loan Lender BANCO POPULAR DE PUERTO RICO This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 446110 - Pharmacies and Drug Stores Loan Approval Date 7/26/2005 Loan Approval Gross Amount $207,900 Loan Approval from the SBA Of the total $207,900 loan amount, the SBA guaranteed $103,950. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 7 existing jobs. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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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