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April 26, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Suwanee, Business Loans > Quantum National Bank Suwanee Business Loans > Ramada Inn Loan | ||||
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Macon, Georgia Bank Loan
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Georgia Entrepreneur Secures Financing to Buy Ramada Inn FranchiseBorrowing money to buy a Ramada Inn franchise? Quantum National Bank has a history of making these loans and they are guaranteed by the SBA. Ramada Inn franchise loans are available to Macon, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Quantum National Bank, based in Suwanee, Georgia, issued an SBA franchise loan for a Ramada Inn franchise in 2001. We've got all the details on this Georgia small business loan. SBA Loan Borrower RAMADA INN SBA Loan Lender QUANTUM NATIONAL BANK 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 721110 - Hotels and Motels Loan Approval Date 6/29/2001 Loan Approval Gross Amount $416,000 Loan Approval from the SBA Of the total $416,000 loan amount, the SBA guaranteed $294,985. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Ramada Inn franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $416,000. How would you spend $416,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Ramada Franchise Systems, Inc. Obtaining Funding - How to Borrow Money Where to Get an SBA Loan in Suwanee, Georgia
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