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April 27, 2024  
 
 
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Where to Get a Bank Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Loan to Buy Moe's Sw Grill Franchise Issued By Comerica Bank

Borrowing money to purchase a Moe's Sw Grill franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Moe's Sw Grill franchise loans are available to Jacksonville, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Dallas, Texas, issued an SBA franchise loan for a Moe's Sw Grill franchise in 2004. We've got all the details on this Florida small business loan.

SBA Loan Borrower

MOE'S SOUTHWEST GRILL
JACKSONVILLE, FL 32259

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This lender provides SBA debt financing 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

722110 - Full-Service Restaurants

Loan Approval Date

7/23/2004

Loan Approval Gross Amount

$339,000

Loan Approval from the SBA

Of the total $339,000 loan amount, the SBA guaranteed $254,250.

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 3 employees. The loan application indicated that the loan would help generate 21 new jobs and retain 24 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great funding source

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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

Debt Financing

Banks in Dallas, Texas

SBA Texas Lenders