Borrow Money to Buy a Super Suppers Franchise
Borrowing money to invest in a Super Suppers franchise? Manufacturers & Traders Trust has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Super Suppers franchise shouldn't be too tough. In 2007, Manufacturers & Traders Trust issued an SBA franchise loan to an entrepreneur in Prince Frederick, Maryland. Because Super Suppers was registered with the SBA's registry of franchises, this Maryland small business loan was issued on an expedited basis.
SBA Loan Borrower
TWO GIRLS WITH A DASH OF SPICE, LLC DBA SU
Prince Frederick, MD 20678
SBA Loan Lender
MANUFACTURERS & TRADERS TRUST
305 W CHESAPEAKE AVE
TOWSON, MD 21204
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
722310 - Food Service Contractors
Loan Approval Date
9/27/2007
Loan Approval Gross Amount
$178,000
Loan Approval from the SBA
Of the total $178,000 loan amount, the SBA guaranteed $89,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Super Suppers franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Manufacturers & Traders Trust 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 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:
Super Suppers
Angel Investors
Good Banks for Small Business in Towson, Maryland
Getting a Business Loan in Maryland