Loan Census Banking News and Information
April 29, 2024  
 
 
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Dallas, Texas Bank Loan

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Popeye's Famous Fried Chicken Franchise

Borrowing money to purchase a Popeye's Famous Fried Chicken franchise? Irwin Franchise Cap. Corp has a history of making these loans and they are guaranteed by the SBA.

Popeye's Famous Fried Chicken franchise loans are available to Dallas, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Irwin Franchise Cap. Corp, based in Montvale, New Jersey, issued an SBA franchise loan for a Popeye's Famous Fried Chicken franchise in 2007. We've got all the details on this Texas small business loan.

SBA Loan Borrower

POPEYE'S CHICKEN
DALLAS, TX 75217

SBA Loan Lender

IRWIN FRANCHISE CAP. CORP
10 PARAGON DR
MONTVALE, NJ 07645

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

722211 - Limited-Service Restaurants

Loan Approval Date

1/4/2007

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $45,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Popeye's Famous Fried Chicken franchise. At the time of the loan, the company had 12 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 15 existing jobs.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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 Irwin Franchise Cap. Corp 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:

Popeyes Chicken & Biscuits

Obtaining Funding - Friends and Family

SBA Participating Banks in Montvale, New Jersey

SBA Lenders in New Jersey