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April 23, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Charlotte, Business Loans > Bank Of America Charlotte Business Loans > Bruster's Old Fashioned Ice Cr Loan | ||||
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Bank Of America Franchise Business Loans
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Marietta, GA Entrepreneur Gets SBA Loan to Buy Bruster's FranchiseNeed a loan to purchase a Bruster's franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA. Bruster's franchise loans are available to Marietta, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of America, based in Charlotte, North Carolina, issued an SBA franchise loan for a Bruster's franchise in 2001. We've got all the details on this Georgia small business loan. SBA Loan Borrower BRUSTER'S OLD FASHIONED ICE CR SBA Loan Lender BANK OF AMERICA 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 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 6/29/2001 Loan Approval Gross Amount $565,000 Loan Approval from the SBA Of the total $565,000 loan amount, the SBA guaranteed $423,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Bruster's franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of America so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: SBA Approved Banks in Charlotte, North Carolina
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