Hato Rey, Bank Lends Money to Boat Dealers Company in Vega Baja,
Get SBA loans from a Hato Rey, bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Banco Santander Puerto Rico is a Hato Rey, small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a company.
SBA Loan Borrower
COMPANY TYPE: BOAT DEALERS
VEGA BAJA, PR 00693
SBA Loan Lender
BANCO SANTANDER PUERTO RICO
AVE PONCE DE LEON 207
HATO REY, PR 00918
This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
441222 - Boat Dealers
Loan Approval Date
10/27/2004
Loan Approval Gross Amount
$327,000
Loan Approval from the SBA
Of the total $327,000 loan amount, the SBA guaranteed $245,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start business in Vega Baja PR, you ought to talk with a local Vega Baja SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Vega Baja businesses.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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