Florida Entrepreneur Secures Financing to Buy Doc Greens Franchise
Need a loan to purchase a Doc Greens franchise? Irwin Franchise Cap. Corp 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 Doc Greens franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Irwin Franchise Cap. Corp. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
DOC GREEN'S GOURMET SALADS
JACKSONVILLE, FL 32210
SBA Loan Lender
IRWIN FRANCHISE CAP. CORP
10 PARAGON DR
MONTVALE, NJ 07645
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
722211 - Limited-Service Restaurants
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $350,000 loan amount, the SBA guaranteed $175,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Doc Greens franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help generate 13 new jobs and retain 15 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
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.
Doc Green's Gourmet Salads
How Much Venture Capital Is There?
Where to Get an SBA Loan in Montvale, New Jersey
SBA Lenders in New Jersey