Nevada Entrepreneur Secures Financing to Buy Big Apple Bagels Franchise

Need money to buy a Big Apple Bagels franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Big Apple Bagels franchise? If so, here's a 2000 SBA franchise loan that you should know about. U.S. Bank National Association was the lender and the entrepreneur was based in Las Vegas, Nevada.

SBA Loan Borrower

BIG APPLE BAGELS
LAS VEGAS, NV 89014

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending background and are well trained in SBA loan requirements.

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

8/23/2000

Loan Approval Gross Amount

$155,500

Loan Approval from the SBA

Of the total $155,500 loan amount, the SBA guaranteed $116,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Big Apple Bagels franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the business planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 $155,500 loan. Remember, feel the fear, and do it anyway.

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:

Big Apple Bagels

Business Line of Credit

Good Banks for Small Business in Cincinnati, Ohio

Ohio SBA Bank Lenders