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May 4, 2024 |
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| Home > Small Business Lenders by State > Business Loan Sources > San Juan, Business Loans > Banco Popular De Puerto Rico San Juan Business Loans > Cw Management Corp. Loan | ||||
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How to Get SBA Loans in San Juan,
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San Juan, PR Entrepreneur Gets SBA Loan to Buy Cartridge World Stores FranchiseNeed money to purchase a Cartridge World Stores franchise? Banco Popular De Puerto Rico has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Cartridge World Stores franchise shouldn't be overly burdensome. In 2007, Banco Popular De Puerto Rico issued an SBA franchise loan to an entrepreneur in San Juan, . Because Cartridge World Stores was registered with the SBA's registry of franchises, this small business loan was issued on an expedited basis. SBA Loan Borrower CW MANAGEMENT CORP. SBA Loan Lender BANCO POPULAR DE PUERTO RICO This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 443120 - Computer and Software Stores Loan Approval Date 8/17/2007 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $5,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Cartridge World Stores franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Banco Popular De Puerto Rico and they will explain how you can get an SBA loan for your company. 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:
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