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April 24, 2024  
 
 
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Business Loans for New Windsor (census Name For N Entrepreneurs

 

 
Loan Census SBA Loan Info

Loan to Buy Play It Again Sports retail Sports Franchise Issued By Banco Popular North America

Need a loan to invest in a Play It Again Sports retail Sports franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.

Play It Again Sports retail Sports franchise loans are available to New Windsor (census Name For N, New York entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Banco Popular North America, based in New York City, New York, issued an SBA franchise loan for a Play It Again Sports retail Sports franchise in 2000. We've got all the details on this New York small business loan.

SBA Loan Borrower

PLAY IT AGAIN SPORTS
NEW WINDSOR (CENSUS NAME FOR N, NY 12550

SBA Loan Lender

BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5941 - Sporting Goods Stores and Bicycle Shops

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

1/28/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Play It Again Sports retail Sports franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help create 2 new jobs.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in New Windsor (census Name For N NY, you ought to talk with a local New Windsor (census Name For N SBA lender or talk with an out-of-area SBA lender that has previously loaned money to New Windsor (census Name For N businesses.

There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower.

Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today!

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:

Play It Again Sports

Determining Proper Capital Structure for a Business

SBA Approved Banks in New York City, New York

SBA Lenders in New York