Citizens Bank & Tr - W. Georgia Provides SBA Loan to Buy Checkers Drive-In Restaurant Franchise

Need money to purchase a Checkers Drive-In Restaurant franchise? Citizens Bank & Tr - W. Georgia has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Checkers Drive-In Restaurant franchise shouldn't be overly burdensome. In 2006, Citizens Bank & Tr - W. Georgia issued an SBA franchise loan to an entrepreneur in Carrollton, Georgia. Because Checkers Drive-In Restaurant was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.

SBA Loan Borrower

CHECKERS
CARROLLTON, GA 30116

SBA Loan Lender

CITIZENS BANK & TR - W. GEORGIA
115 COLLEGE ST
CARROLLTON, GA 30117

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

12/28/2006

Loan Approval Gross Amount

$1,106,000

Loan Approval from the SBA

Of the total $1,106,000 loan amount, the SBA guaranteed $829,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Checkers Drive-In Restaurant franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,106,000 loan. Remember, you control your own destiny.

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:

Checkers Drive-In Restaurants, Inc.

Family and Friend Investors - Your First Financiers

SBA 7A Banks for Carrollton, Georgia Loans

SBA Georgia Banks