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May 4, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Dunn, Business Loans > New Century Bank Dunn Business Loans > Andy's Cheesesteaks And Cheese Loan | ||||
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Best Banks for Franchise Loans in North Carolina
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New Century Bank Provides SBA Loan to Buy Andy's Cheesesteaks & Cheeseburgers FranchiseNeed money to buy an Andy's Cheesesteaks & Cheeseburgers franchise? New Century Bank has a history of making these loans and they are guaranteed by the SBA. Andy's Cheesesteaks & Cheeseburgers franchise loans are available to Cary, North Carolina entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, New Century Bank, based in Dunn, North Carolina, issued an SBA franchise loan for an Andy's Cheesesteaks & Cheeseburgers franchise in 2006. We've got all the details on this North Carolina small business loan. SBA Loan Borrower ANDY'S CHEESESTEAKS AND CHEESE SBA Loan Lender NEW CENTURY BANK This lender provides SBA small business loans 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 722110 - Full-Service Restaurants Loan Approval Date 9/27/2006 Loan Approval Gross Amount $208,600 Loan Approval from the SBA Of the total $208,600 loan amount, the SBA guaranteed $156,450. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Andy's Cheesesteaks & Cheeseburgers franchise. At the time of the loan, the company had 20 employees. The SBA loan application for the borrower indicated that the loan would help generate 20 new jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. 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 $208,600 loan. Remember, where there is a will, there is a way! 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: SBA Banks in Dunn, North Carolina Find an SBA Lender in North Carolina
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