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January 27, 2025 |
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| Home > Small Business Lenders by State > Business Loan Sources > Hato Rey, Business Loans > Banco Santander Puerto Rico Hato Rey Business Loans > Full-Service Restaurants Loan | ||||
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Get an SBA Loan in Toa Baja,
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Small Business Loan Issued to Full-Service Restaurants CompanyWould a business loan help your company expand? If so, you may want to talk with this bank, which offers SBA loans to entrepreneurs. Getting a small business loan in Toa Baja, was a top priority for this SBA-financed company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Banco Santander Puerto Rico. Here are the details on this small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender BANCO SANTANDER PUERTO RICO As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 11/2/2001 Loan Approval Gross Amount $237,400 Loan Approval from the SBA Of the total $237,400 loan amount, the SBA guaranteed $178,050. 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 6 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 6 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money This SBA loan was for $237,400. How would you spend $237,400 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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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