Fort Worth, TX Entrepreneur Gets SBA Loan to Buy Church's Fried Chicken Franchise

Need money to buy a Church's Fried Chicken franchise? Saehan Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Church's Fried Chicken franchise requires some effort but others before you have been successful. In 2007, Saehan Bank issued an SBA franchise loan to an entrepreneur in Fort Worth, Texas. Because Church's Fried Chicken was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

RON PHIRUN TOUCH & MELISSA MEAS TOUCH
Fort Worth, TX 76133

SBA Loan Lender

SAEHAN BANK
3580 WILSHIRE BLVD, STE 1500
LOS ANGELES, CA 90010

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

1/28/2007

Loan Approval Gross Amount

$1,417,500

Loan Approval from the SBA

Of the total $1,417,500 loan amount, the SBA guaranteed $1,063,125.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Church's Fried Chicken franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs.

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.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Church's Chicken

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