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April 24, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > Steak Out Loan | ||||
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Raising Money in Jacksonville, Florida With SBA Loans
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Loan to Buy Steak-Out Franchise Issued By Washington Mutual BankNeed money to buy a Steak-Out franchise? Washington Mutual Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Jacksonville, Florida needed money to invest in a Steak-Out franchise back in 2000. Washington Mutual Bank issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower STEAK OUT SBA Loan Lender WASHINGTON MUTUAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 5/25/2000 Loan Approval Gross Amount $443,500 Loan Approval from the SBA Of the total $443,500 loan amount, the SBA guaranteed $332,625. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Steak-Out franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 5 existing jobs. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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: Banking Deregulation's Effects on Entrepreneurship SBA 7A Lenders in Henderson, Nevada Getting a Business Loan in Nevada
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