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April 28, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Burger King Loan | ||||
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Florida Small Business Funding for Franchises
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Florida Entrepreneur Secures Financing to Buy Burger King FranchiseNeed money to buy a Burger King franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA. If you live near Jacksonville, Florida and are interested in buying a Burger King franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Wachovia Sba Lending, Inc.. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower BURGER KING SBA Loan Lender WACHOVIA SBA LENDING, INC. This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 2/14/2005 Loan Approval Gross Amount $538,000 Loan Approval from the SBA Of the total $538,000 loan amount, the SBA guaranteed $403,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Burger King franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 30 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We can help you find the best banks for small businesses in Jacksonville 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: SBA 7A Banks for Roseville, California Loans
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