San Juan, Business Gets SBA-Guaranteed Funding from Banco Bilbao Vizcaya Argentari

An SBA loan from Banco Bilbao Vizcaya Argentari typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a San Juan, business owner got a $99,000 loan.

This business knew how to go about getting a business bank loan. Based in San Juan, , they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Banco Bilbao Vizcaya Argentari, based in San Juan, .

SBA Loan Borrower

COMPANY TYPE: PRINTING AND WRITING PAPER MERCHANT WHOLESALERS
SAN JUAN, PR 00927

SBA Loan Lender

BANCO BILBAO VIZCAYA ARGENTARI
254 MUNOZ RIVERA AVE
SAN JUAN, PR 00936

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.

NAICS Code

424110 - Printing and Writing Paper Merchant Wholesalers

Loan Approval Date

6/20/2005

Loan Approval Gross Amount

$99,000

Loan Approval from the SBA

Of the total $99,000 loan amount, the SBA guaranteed $74,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 13 employees. The SBA loan documents indicated that the loan would help retain 13 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Banco Bilbao Vizcaya Argentari that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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