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November 22, 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 > Subway Utuado Loan | ||||
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How Much Does It Cost to Buy a Franchise in Utuado, ?
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Entrepreneur Secures Financing to Buy Subway Sandwich Shop FranchiseNeed money to purchase a Subway Sandwich Shop franchise? Banco Popular De Puerto Rico has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Utuado, needed money to invest in a Subway Sandwich Shop franchise back in 2000. Banco Popular De Puerto Rico issued an SBA franchise loan. Here are the details on this small business loan. SBA Loan Borrower SUBWAY UTUADO SBA Loan Lender BANCO POPULAR DE PUERTO RICO This SBA 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. SIC Code 5812 - Eating Places Loan Approval Date 3/24/2000 Loan Approval Gross Amount $137,200 Loan Approval from the SBA Of the total $137,200 loan amount, the SBA guaranteed $68,600. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Subway Sandwich Shop franchise. At the time of the loan, the company had 10 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 10 existing jobs. Start the Process for Getting an SBA Loan Today! If you need business start up money in Utuado PR, you ought to talk with a local Utuado SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Utuado businesses. This SBA loan was for $137,200. How would you spend $137,200 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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