Getting an SBA Loan for Warm Air Heating and Air-Conditioning Equipment and Suppplies Wholesalers

With these commercial loans for warm air heating and air-conditioning equipment and suppplies wholesalers, the SBA guarantees the lender that the loan will be repaid. This warm air heating and air-conditioning equipment and suppplies wholesalers loan for $520,098 was given to a entrepreneur in 2002.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Toa Baja, was able to borrow $520,098 from Eurobank. The SBA made the loan possible by guaranteeing $390,074 of this small business loan.

SBA Loan Borrower

COMPANY TYPE: WARM AIR HEATING AND AIR CONDITIONING EQUIPMENT
TOA BAJA, PR 00949

SBA Loan Lender

EUROBANK
270 MUNOZ RIVERA AVE
HATO REY, PR 00919

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5075 - Warm Air Heating and Air Conditioning Equipment

NAICS Code

421730 - Warm Air Heating and Air-Conditioning Equipment and Suppplies Wholesalers

Loan Approval Date

2/14/2002

Loan Approval Gross Amount

$520,098

Loan Approval from the SBA

Of the total $520,098 loan amount, the SBA guaranteed $390,074.

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 22 employees. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We can help you find the best banks for small businesses in Toa Baja 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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