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| Entrepreneur Resources | Banco Popular North America New York City Business Loans | ||||
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Business Loans for Miami Small Businesses
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SBA Loans for Health and Personal Care StoresLooking for SBA loans for health and personal care stores? An SBA loan may be just what you've been looking for. This $127,000 health and personal care stores loan was issued by a New York bank.
Getting a small business loan in Miami, Florida was important for Gnc back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Banco Popular North America, operating out of New York City, New York. Here are the details on this Florida small business loan. SBA Loan Borrower GNC SBA Loan Lender BANCO POPULAR NORTH AMERICA 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 446199 - All Other Health and Personal Care Stores Loan Approval Date 11/4/2003 Loan Approval Gross Amount $127,000 Loan Approval from the SBA Of the total $127,000 loan amount, the SBA guaranteed $107,950. More Information on This SBA Loan The borrower, Gnc, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. This loan was paid in full, and was closed out on 11/4/2005. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this Gnc loan from Banco Popular North America so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Banking Deregulation's Effects on Entrepreneurship Small Business Banks in New York City, New York Find an SBA Lender in 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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