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April 25, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Altamonte Springs, Business Loans > Banco Popular North America Altamonte Springs Business Loans > Eating Places Loan | ||||
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Florida Bank SBA Loans
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Banco Popular North America SBA Loan to Eating Places CompanyLooking to get a Georgia SBA loan? Here's one Georgia business loan that was approved by the SBA. This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Banco Popular North America, out of Altamonte Springs, Florida. The loan was granted and they received $197,600 to help grow their Lithonia, Georgia business. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender BANCO POPULAR NORTH AMERICA This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 3/24/2000 Loan Approval Gross Amount $197,600 Loan Approval from the SBA Of the total $197,600 loan amount, the SBA guaranteed $148,200. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 15 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Where to Get an SBA Loan in Altamonte Springs, Florida
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