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April 29, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Hillsboro, Business Loans > Ncb, Fsb Hillsboro Business Loans > The Melting Pot Loan | ||||
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Tennessee Small Business Funding for Franchises
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Loan to Buy Melting Pot Franchise Issued By Ncb, FsbNeed money to buy a Melting Pot franchise? Ncb, Fsb has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Melting Pot franchise may simply require a phone call to a local SBA banker. In 2006, Ncb, Fsb issued an SBA franchise loan to an entrepreneur in Memphis, Tennessee. Because Melting Pot was registered with the SBA's registry of franchises, this Tennessee small business loan was issued on an expedited basis. SBA Loan Borrower THE MELTING POT SBA Loan Lender NCB, FSB 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 722110 - Full-Service Restaurants Loan Approval Date 7/11/2006 Loan Approval Gross Amount $220,000 Loan Approval from the SBA Of the total $220,000 loan amount, the SBA guaranteed $165,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Melting Pot franchise. At the time of the loan, the company had 30 employees. The SBA loan application for the borrower indicated that the loan would help retain 30 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Melting Pot Fondue Restaurants Realistic Debt Financing Options Who Lends Money to Small Businesses in Hillsboro, Ohio SBA Participating Banks in Ohio
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