Borrow Money to Buy an Arby's Franchise

Borrowing money to purchase an Arby's franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Arby's franchise shouldn't be overly burdensome. In 2001, Keybank National Association issued an SBA franchise loan to an entrepreneur in Limon, Colorado. Because Arby's was registered with the SBA's registry of franchises, this Colorado small business loan was issued on an expedited basis.

SBA Loan Borrower

ARBY'S
LIMON, CO 80828

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

11/7/2001

Loan Approval Gross Amount

$1,008,500

Loan Approval from the SBA

Of the total $1,008,500 loan amount, the SBA guaranteed $756,375.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Arby's franchise. At the time of the loan, the company had 20 employees. The SBA loan documents indicated that the loan would help retain 20 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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.

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