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April 29, 2024  
 
 
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Is It Possible to Borrow Money for a Franchise in Westerville, Ohio?

 

 
Loan Census SBA Loan Info

Irwin Franchise Cap. Corp Provides SBA Loan to Buy Popeye's Famous Fried Chicken Franchise

Need a loan to purchase 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.

If you live near Westerville, Ohio and are interested in buying a Popeye's Famous Fried Chicken franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Irwin Franchise Cap. Corp. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

RP FOODS, LLC
WESTERVILLE, OH 43082

SBA Loan Lender

IRWIN FRANCHISE CAP. CORP
10 PARAGON DR
MONTVALE, NJ 07645

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

12/12/2006

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $175,000.

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 24 employees. The loan application indicated that the loan would help retain 24 existing jobs.

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

If you are working on finding money to start a business in Westerville OH, you ought to talk with a local Westerville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Westerville businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Irwin Franchise Cap. Corp that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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