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April 16, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > New York City, Business Loans > Banco Popular North America New York City Business Loans > Data Processing, Hosting, And Related Services Loan | ||||
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We Needed an SBA 7A Loan in Irving, Texas and We Got One!
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Getting an SBA Loan for Data Processing, Hosting, and Related ServicesLooking for business loans for data processing, hosting, and related services? An SBA loan may be just what you've been looking for. This $1,083,000 data processing, hosting, and related services loan was issued by a New York bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Irving, Texas was able to borrow $1,083,000 from Banco Popular North America. The SBA made the loan possible by guaranteeing $812,250 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: DATA PROCESSING, HOSTING, AND RELATED SERVICES SBA Loan Lender BANCO POPULAR NORTH AMERICA This lender provides SBA 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 518210 - Data Processing, Hosting, and Related Services Loan Approval Date 8/20/2003 Loan Approval Gross Amount $1,083,000 Loan Approval from the SBA Of the total $1,083,000 loan amount, the SBA guaranteed $812,250. 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 26 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 31 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Banks in New York City, New York
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