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April 19, 2024  
 
 
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Pembroke Pines, Florida Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Pembroke Pines, FL Entrepreneur Gets SBA Loan to Buy Kilwin's Chocolates Franchise

Need a loan to purchase a Kilwin's Chocolates franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Kilwin's Chocolates franchise may simply require a phone call to a local SBA banker. In 2007, Banco Popular North America issued an SBA franchise loan to an entrepreneur in Pembroke Pines, Florida. Because Kilwin's Chocolates was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

KILWIN'S CHOCOLATE
PEMBROKE PINES, FL 33027

SBA Loan Lender

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

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

10/26/2007

Loan Approval Gross Amount

$425,300

Loan Approval from the SBA

Of the total $425,300 loan amount, the SBA guaranteed $318,975.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Kilwin's Chocolates franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.

Getting an SBA Loan For Your Business

If you are raising money in Pembroke Pines FL, you ought to talk with a local Pembroke Pines SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pembroke Pines businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Banco Popular North America are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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.

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