Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Community W. Bank Small Business Franchise Loan

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Moe's Sw Grill Franchise

Need a loan to invest in a Moe's Sw Grill franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Moe's Sw Grill franchise may simply require a phone call to a local SBA banker. In 2006, Community W. Bank issued an SBA franchise loan to an entrepreneur in High Point, North Carolina. Because Moe's Sw Grill was registered with the SBA's registry of franchises, this North Carolina small business loan was issued on an expedited basis.

SBA Loan Borrower

MOE'S SOUTHWEST GRILL
HIGH POINT, NC 27265

SBA Loan Lender

COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117

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

1/20/2006

Loan Approval Gross Amount

$290,000

Loan Approval from the SBA

Of the total $290,000 loan amount, the SBA guaranteed $217,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Moe's Sw Grill franchise. At the time of the loan, the company had 25 employees. This SBA loan request indicated that the loan would help generate 27 new jobs and retain 25 existing jobs.

Getting an SBA Loan For Your Business

If you are raising money in High Point NC, you ought to talk with a local High Point SBA lender or talk with an out-of-area SBA lender that has previously loaned money to High Point businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Moe's Southwest Grill

Attracting Investors

Good Banks for Small Business in Goleta, California

Getting an SBA Loan in California