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April 28, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > New York City, Business Loans > Banco Popular North America New York City Business Loans > Servicemaster Clean Of Sw Semi Loan | ||||
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Raising Money in Oviedo, Florida With SBA Loans
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Oviedo, FL Entrepreneur Gets SBA Loan to Buy Servicemaster FranchiseBorrowing money to purchase a Servicemaster franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Oviedo, Florida needed money to invest in a Servicemaster franchise back in 2005. Banco Popular North America issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower SERVICEMASTER CLEAN OF SW SEMI SBA Loan Lender BANCO POPULAR NORTH AMERICA The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 561720 - Janitorial Services Loan Approval Date 12/23/2005 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $30,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Servicemaster franchise. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Banco Popular North America that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: SBA 7A Banks in New York City, New York Getting an SBA Loan in New York
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