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April 26, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Irving, Business Loans > Wachovia Bank Irving Business Loans > Frullati Cafe And Bakery Loan | ||||
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Tips for Financing a Franchise
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Dallas, TX Entrepreneur Gets SBA Loan to Buy Frullati Cafe FranchiseBorrowing money to invest in a Frullati Cafe franchise? Wachovia Bank has a history of making these loans and they are guaranteed by the SBA. Frullati Cafe franchise loans are available to Dallas, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wachovia Bank, based in Irving, Texas, issued an SBA franchise loan for a Frullati Cafe franchise in 2000. We've got all the details on this Texas small business loan. SBA Loan Borrower FRULLATI CAFE AND BAKERY SBA Loan Lender WACHOVIA BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 11/6/2000 Loan Approval Gross Amount $225,500 Loan Approval from the SBA Of the total $225,500 loan amount, the SBA guaranteed $169,125. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Frullati Cafe franchise. At the time of the loan, the company had 25 employees. The SBA loan application for the borrower indicated that the loan would help retain 25 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. 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 $225,500 loan. Remember, anyone can do it... so why not you? 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: Small Business Banks in Irving, Texas
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