Loan to Buy Melting Pot Franchise Issued By Ups Capital Business Credit

Borrowing money to invest in a Melting Pot franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Miramar Beach, Florida needed money to invest in a Melting Pot franchise back in 2007. Ups Capital Business Credit issued an SBA franchise loan. Here are the details on this Florida small business loan.

SBA Loan Borrower

CMR FONDUE INCORPORATED DBA THE MELTING PO
Miramar Beach, FL 32550

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

This lender provides SBA debt financing 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

722110 - Full-Service Restaurants

Loan Approval Date

8/24/2007

Loan Approval Gross Amount

$933,000

Loan Approval from the SBA

Of the total $933,000 loan amount, the SBA guaranteed $699,750.

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 3 employees. The SBA loan documents indicated that the loan would help generate 27 new jobs and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

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.

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