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May 19, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > New York City, Business Loans > Banco Popular North America New York City Business Loans > Prefabricated Metal Building And Component Manufacturing Loan | ||||
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Examples of Huntingburg SBA Loans
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Financing for Prefabricated Metal Building and Component ManufacturingLooking for commercial loans for prefabricated metal building and component manufacturing? The SBA may be the answer. This $1,242,100 prefabricated metal building and component manufacturing loan was issued by a New York bank. Getting a small business loan in Huntingburg, Indiana was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Banco Popular North America, operating out of New York City, New York. Here are the details on this Indiana small business loan. SBA Loan Borrower COMPANY TYPE: PREFABRICATED METAL BUILDING AND COMPONENT MANUFACTURING SBA Loan Lender BANCO POPULAR NORTH AMERICA As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332311 - Prefabricated Metal Building and Component Manufacturing Loan Approval Date 4/13/2007 Loan Approval Gross Amount $1,242,100 Loan Approval from the SBA Of the total $1,242,100 loan amount, the SBA guaranteed $931,575. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 35 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 27 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Banco Popular North America had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Banco Popular North America made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: A Company That Helps Entrepreneurs Find an SBA Lender in New York City, New York Find an SBA Lender in New York
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