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April 26, 2024  
 
 
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Raising Money in Schaumburg, Illinois With SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Apple Spice Junction Franchise Issued By Business Lenders, LLC

Borrowing money to invest in an Apple Spice Junction franchise? Business Lenders, LLC has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Apple Spice Junction franchise? If so, here's a 2004 SBA franchise loan that you should know about. Business Lenders, LLC was the lender and the entrepreneur was based in Schaumburg, Illinois.

SBA Loan Borrower

APPLE SPICE JUNCTION
SCHAUMBURG, IL 60193

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

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

722211 - Limited-Service Restaurants

Loan Approval Date

7/7/2004

Loan Approval Gross Amount

$359,500

Loan Approval from the SBA

Of the total $359,500 loan amount, the SBA guaranteed $269,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Apple Spice Junction franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs.

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

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Business Lenders, LLC are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Apple Spice Junction

Business Credit Evaluation

Small Business Banks in Hartford, Connecticut

SBA Connecticut Lenders