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April 27, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Montvale, Business Loans > Irwin Franchise Cap. Corp Montvale Business Loans > Popeye's Chicken Loan | ||||
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Business Loans for Tucson Business Owners
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Irwin Franchise Cap. Corp Provides SBA Loan to Buy Popeye's Famous Fried Chicken FranchiseNeed money to buy a Popeye's Famous Fried Chicken franchise? Irwin Franchise Cap. Corp has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Popeye's Famous Fried Chicken franchise shouldn't be overly burdensome. In 2007, Irwin Franchise Cap. Corp issued an SBA franchise loan to an entrepreneur in Tucson, Arizona. Because Popeye's Famous Fried Chicken was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis. SBA Loan Borrower POPEYE'S CHICKEN SBA Loan Lender IRWIN FRANCHISE CAP. CORP 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 722211 - Limited-Service Restaurants Loan Approval Date 1/5/2007 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $125,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Popeye's Famous Fried Chicken franchise. At the time of the loan, the company had 15 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 20 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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