First Comm. Bank - Florida Provides SBA Loan to Buy Nature's Table Franchise

Borrowing money to purchase a Nature's Table franchise? First Comm. Bank - Florida has a history of making these loans and they are guaranteed by the SBA.

Nature's Table franchise loans are available to Lake Mary, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Comm. Bank - Florida, based in Lake Mary, Florida, issued an SBA franchise loan for a Nature's Table franchise in 2007. We've got all the details on this Florida small business loan.

SBA Loan Borrower

NATURE'S TABLE CAFE
LAKE MARY, FL 32746

SBA Loan Lender

FIRST COMM. BANK - FLORIDA
3505 W LAKE MARY BLVD
LAKE MARY, FL 32746

This bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending background and a thorough understanding of SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/5/2007

Loan Approval Gross Amount

$149,000

Loan Approval from the SBA

Of the total $149,000 loan amount, the SBA guaranteed $126,650.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Nature's Table franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $149,000 loan. Remember, things become real when you believe you can achieve them!

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:

Nature's Table Café

Role of Business Plan When Raising Money

SBA 7A Banks for Lake Mary, Florida Loans

Florida SBA 7A Lenders