Loan to Buy Krystal drive-Thru Restaurant Franchise Issued By Business Loan Center, LLC

Borrowing money to invest in a Krystal drive-Thru Restaurant franchise? Business Loan Center, LLC has a history of making these loans and they are guaranteed by the SBA.

If you live near Denton, Texas and are interested in buying a Krystal drive-Thru Restaurant franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Business Loan Center, LLC. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

BOG TASTE PROPERTIES DBA KRYST
DENTON, TX 76205

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019

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

2/17/2006

Loan Approval Gross Amount

$1,635,000

Loan Approval from the SBA

Of the total $1,635,000 loan amount, the SBA guaranteed $641,950.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Krystal drive-Thru Restaurant franchise. At the time of the loan, the company had 12 employees. This SBA loan request indicated that the loan would help generate 12 new jobs and retain 12 existing jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Business Loan Center, LLC so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Business Cash Advances

SBA 7A Banks in New York, New York

Browse All Business Loan Sources for New York