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May 14, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Rosemont, Business Loans > Banco Popular North America Rosemont Business Loans > Physicians Loan | ||||
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Rosemont, Illinois Bank for SBA Loans
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Rosemont, Illinois Bank Lends Money to Physicians Company in Olean, New YorkWant to talk with a Rosemont, Illinois bank about a small business loan? Here's one New York business loan, issued by a Rosemont bank, that was approved by the SBA. Applying for an SBA loan with Banco Popular North America worked out well for our friends at one local firm in Olean, New York. They got an SBA loan for $559,000. Great job! SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender BANCO POPULAR NORTH AMERICA This lender issued this bank loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621111 - Physicians Loan Approval Date 9/27/2006 Loan Approval Gross Amount $559,000 Loan Approval from the SBA Of the total $559,000 loan amount, the SBA guaranteed $419,250. 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 6 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you want money for new small business in Olean NY, you ought to talk with a local Olean SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Olean businesses. We can help you find the best banks for small businesses in Olean or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: The Friends and Family Network SBA Approved Banks in Rosemont, Illinois
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