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May 17, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > New York City, Business Loans > Banco Popular North America New York City Business Loans > Precision Turned Product Manufacturing Loan | ||||
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Best Banks That Lend to Westlake Village Small Business Owners
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Banco Popular North America Gives SBA Loan to Precision Turned Product Manufacturing CompanyLooking to get a California bank loan? This California entrepreneur got a bank loan, provided by a New York bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in Westlake Village, California by studying this loan to a local company, made back in 2002. Banks like Banco Popular North America may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: PRECISION TURNED PRODUCT MANUFACTURING SBA Loan Lender BANCO POPULAR NORTH AMERICA This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 332721 - Precision Turned Product Manufacturing Loan Approval Date 4/4/2002 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 13 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 13 existing jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? 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: Determining Proper Capital Structure for a Business Best Banks for Small Business in New York City, New York Find an SBA Lender in New York
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