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May 2, 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 > Murphy's Deli @ Fry Road Loan | ||||
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Raising Money in Katy, Texas With SBA Loans
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Loan to Buy Murphy's Deli Franchise Issued By Banco Popular North AmericaBorrowing money to invest in a Murphy's Deli franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Murphy's Deli franchise? If so, here's a 2003 SBA franchise loan that you should know about. Banco Popular North America was the lender and the entrepreneur was based in Katy, Texas. SBA Loan Borrower MURPHY'S DELI @ FRY ROAD SBA Loan Lender BANCO POPULAR NORTH AMERICA As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 11/28/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Murphy's Deli franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $150,000 loan. Remember, where there is a will, there is a way! 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: Raising VC Money for Social Networking Companies Small Bank Loans in New York City, New York
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