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May 3, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > New York City, Business Loans > Banco Popular North America New York City Business Loans > Desert Moon Cafe Loan | ||||
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Is It Possible to Borrow Money for a Franchise in New York, New York?
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Loan to Buy Desert Moon Cafe Franchise Issued By Banco Popular North AmericaBorrowing money to invest in a Desert Moon Cafe franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA. Desert Moon Cafe franchise loans are available to New York, New York entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Banco Popular North America, based in New York City, New York, issued an SBA franchise loan for a Desert Moon Cafe franchise in 2001. We've got all the details on this New York small business loan. SBA Loan Borrower DESERT MOON CAFE SBA Loan Lender BANCO POPULAR NORTH AMERICA This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 5/1/2001 Loan Approval Gross Amount $355,000 Loan Approval from the SBA Of the total $355,000 loan amount, the SBA guaranteed $266,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Desert Moon Cafe franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 17 new jobs and retain 1 existing job. Getting an SBA Loan For Your 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 want money to buy a franchise? 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. Related Links: Realistic Debt Financing Options SBA Approved Banks in New York City, New York
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