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November 21, 2024 |
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| Home > Small Business Lenders by State > Business Loan Sources > Santurce, Business Loans > Firstbank Puerto Rico Santurce Business Loans > Professional Organizations Loan | ||||
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SBA Lenders
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Santurce, Bank Gives SBA Loan to Professional Organizations CompanyWant to talk with a Santurce, bank about an SBA loan? Here's one business loan, issued by a Santurce bank, that was approved by the SBA. Applying for an SBA loan with Firstbank Puerto Rico worked out well for our friends at one local firm in Trujillo Alto, . They received an SBA loan for $50,000. Awesome! SBA Loan Borrower COMPANY TYPE: PROFESSIONAL ORGANIZATIONS SBA Loan Lender FIRSTBANK PUERTO RICO The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 813920 - Professional Organizations Loan Approval Date 3/14/2007 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 11 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 12 existing jobs. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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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