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April 30, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Topeka, Business Loans > Corefirst Bank & Trust Topeka Business Loans > Golden Corral Loan | ||||
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I Need a Loan to Buy a Franchise in Topeka, Kansas
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Borrow Money to Buy a Golden Corral restaurant FranchiseNeed money to buy a Golden Corral restaurant franchise? Corefirst Bank & Trust has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Topeka, Kansas needed money to invest in a Golden Corral restaurant franchise back in 2004. Corefirst Bank & Trust issued an SBA franchise loan. Here are the details on this Kansas small business loan. SBA Loan Borrower GOLDEN CORRAL SBA Loan Lender COREFIRST BANK & TRUST This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 722212 - Cafeterias, Grill Buffets, and Buffets Loan Approval Date 6/3/2004 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $200,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Golden Corral restaurant franchise. At the time of the loan, the company had 80 employees. This SBA loan request indicated that the loan would help generate 20 new jobs and retain 100 existing jobs. Great, But How Can I Get an SBA Loan for My Business? 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. 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:
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