Loan Census Banking News and Information
May 13, 2024  
 
 
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SBA Lender New York City

 

 
Loan Census SBA Loan Info

New York City, New York Bank Gives SBA Loan to Title Abstract And Settlement Offices Company

Get business loans from a New York City, New York bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Banco Popular North America is a New York City, New York small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Florida company.

SBA Loan Borrower

COMPANY TYPE: TITLE ABSTRACT AND SETTLEMENT OFFICES
CLEARWATER, FL 33756

SBA Loan Lender

BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019

This lender provides SBA commercial 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

541191 - Title Abstract and Settlement Offices

Loan Approval Date

10/31/2006

Loan Approval Gross Amount

$571,000

Loan Approval from the SBA

Of the total $571,000 loan amount, the SBA guaranteed $428,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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