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April 17, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Conyers, Business Loans > Branch Bank & Trust Conyers Business Loans > Computer Renaissance (kinder T Loan | ||||
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Where to Get an SBA Loan to Purchase a Franchise
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Conyers, GA Entrepreneur Gets SBA Loan to Buy Computer Renaissance FranchiseNeed money to buy a Computer Renaissance franchise? Branch Bank & Trust has a history of making these loans and they are guaranteed by the SBA. If you live near Conyers, Georgia and are interested in buying a Computer Renaissance franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Branch Bank & Trust. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower COMPUTER RENAISSANCE (KINDER T SBA Loan Lender BRANCH BANK & TRUST This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 443120 - Computer and Software Stores Loan Approval Date 6/17/2004 Loan Approval Gross Amount $70,400 Loan Approval from the SBA Of the total $70,400 loan amount, the SBA guaranteed $59,840. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Computer Renaissance franchise. At the time of the loan, the company had 6 employees. The loan application did not indicate that the company promised to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Best Banks for Small Business in Conyers, Georgia Browse All Business Loan Sources for Georgia
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