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April 19, 2024  
 
 
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Jacksonville, Florida Bank Loan

 

 
Loan Census SBA Loan Info

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.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/4/2006

Loan Approval Gross Amount

$350,000

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.

Related Links:

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