Guaanilla, PR Entrepreneur Gets SBA Loan to Buy Happy & Healthy Products Franchise

Need a loan to buy a Happy & Healthy Products franchise? Banco Bilbao Vizcaya Argentari has a history of making these loans and they are guaranteed by the SBA.

Happy & Healthy Products franchise loans are available to Guaanilla, entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Banco Bilbao Vizcaya Argentari, based in San Juan, , issued an SBA franchise loan for a Happy & Healthy Products franchise in 2001. We've got all the details on this small business loan.

SBA Loan Borrower

FRUITFUL
GUAANILLA, PR 00656

SBA Loan Lender

BANCO BILBAO VIZCAYA ARGENTARI
254 MUNOZ RIVERA AVE
SAN JUAN, PR 00936

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5143 - Dairy Products

NAICS Code

422430 - Dairy Product Wholesalers

Loan Approval Date

8/16/2001

Loan Approval Gross Amount

$55,000

Loan Approval from the SBA

Of the total $55,000 loan amount, the SBA guaranteed $46,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Happy & Healthy Products franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This SBA loan was for $55,000. How would you spend $55,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Happy & Healthy Products, Inc.

How Much Venture Capital Is There?