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| Entrepreneur Resources | Banco Popular North America New York City Business Loans | ||||
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SBA Lenders in Florida
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Borrowing Money for Drugs and Druggists' Sundries Merchant WholesalersLooking for loans for drugs and druggists' sundries merchant wholesalers? An SBA loan may be just what you've been looking for. This $15,000 drugs and druggists' sundries merchant wholesalers loan was issued by a New York bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Miami, Florida was able to borrow $15,000 from Banco Popular North America. The SBA made the loan possible by guaranteeing $7,500 of this Florida small business loan. SBA Loan Borrower GATE 2 TEST, INC. SBA Loan Lender BANCO POPULAR NORTH AMERICA 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 424210 - Drugs and Druggists' Sundries Merchant Wholesalers Loan Approval Date 7/10/2007 Loan Approval Gross Amount $15,000 Loan Approval from the SBA Of the total $15,000 loan amount, the SBA guaranteed $7,500. More Information on This SBA Loan The borrower, Gate 2 Test, Inc., borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 6 existing jobs. Next Steps for Getting an SBA Loan If you need business start up money in Miami FL, you ought to talk with a local Miami SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Miami businesses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as Gate 2 Test, Inc. walked into Banco Popular North America and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money! About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Who Lends Money to Small Businesses in New York City, New York If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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