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April 26, 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 > Ritter's Of Central Florida In Loan | ||||
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Business Loans for Clermont Small Business Owners
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Clermont, FL Entrepreneur Gets SBA Loan to Buy Ritter's Frozen Custard FranchiseBorrowing money to purchase a Ritter's Frozen Custard franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Clermont, Florida needed money to invest in a Ritter's Frozen Custard franchise back in 2004. Banco Popular North America issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower RITTER'S OF CENTRAL FLORIDA IN SBA Loan Lender BANCO POPULAR NORTH AMERICA This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 2/23/2004 Loan Approval Gross Amount $215,000 Loan Approval from the SBA Of the total $215,000 loan amount, the SBA guaranteed $161,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Ritter's Frozen Custard franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? 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: Banks in New York City, New York
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