Loan Census Banking News and Information
January 16, 2022  
 
 
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Dover, Delaware Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Delaware Entrepreneur Secures Financing to Buy Super Suppers Franchise

Need a loan to invest in a Super Suppers franchise? Wilmington Trust Company has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Super Suppers franchise? If so, here's a 2006 SBA franchise loan that you should know about. Wilmington Trust Company was the lender and the entrepreneur was based in Dover, Delaware.

SBA Loan Borrower

SUPER SUPPERS
DOVER, DE 19904

SBA Loan Lender

WILMINGTON TRUST COMPANY
82 E MAIN ST
NEWARK, DE 19711

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311991 - Perishable Prepared Food Manufacturing

Loan Approval Date

6/22/2006

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Super Suppers franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

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