Loan to Buy Coffee Beanery retail Coffee Franchise Issued By U.S. Bank National Association

Need money to buy a Coffee Beanery retail Coffee franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

Coffee Beanery retail Coffee franchise loans are available to Hazel Crest, Illinois entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, U.S. Bank National Association, based in Cincinnati, Ohio, issued an SBA franchise loan for a Coffee Beanery retail Coffee franchise in 2005. We've got all the details on this Illinois small business loan.

SBA Loan Borrower

THE COFFEE BEANERY
HAZEL CREST, IL 60429

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/20/2005

Loan Approval Gross Amount

$254,600

Loan Approval from the SBA

Of the total $254,600 loan amount, the SBA guaranteed $190,950.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Coffee Beanery retail Coffee franchise. At the time of the loan, the company had 18 employees. The SBA loan documents indicated that the loan would help generate 18 new jobs.

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.

We can help you find the best banks for small businesses in Hazel Crest or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Raising Venture Capital

Good Banks for Small Business in Cincinnati, Ohio

Where to Get an SBA Loan Ohio