Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Banco Popular North America SBA Franchise Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Country Clutter bed & Breakfast Franchise Issued By Banco Popular North America

Borrowing money to invest in a Country Clutter bed & Breakfast franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Country Clutter bed & Breakfast franchise is doable. In 2007, Banco Popular North America issued an SBA franchise loan to an entrepreneur in San Antonio, Texas. Because Country Clutter bed & Breakfast was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

APRICOT LANE
SAN ANTONIO, TX 78209

SBA Loan Lender

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

This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

453998 - Store Retailers

Loan Approval Date

10/19/2007

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Country Clutter bed & Breakfast franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 7 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Banco Popular North America and they will explain how you can get an SBA loan for your company.

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:

Country Clutter

Obtaining Funding - How to Borrow Money

Best Banks in New York City, New York

Browse All Business Loan Sources for New York