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April 23, 2024  
 
 
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Is It Possible to Borrow Money for a Franchise in Miami, Florida?

 

 
Loan Census SBA Loan Info

Loan to Buy R.J. Gator's Restaurant Franchise Issued By Ups Capital Business Credit

Need money to purchase a R.J. Gator's Restaurant franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a R.J. Gator's Restaurant franchise? If so, here's a 2005 SBA franchise loan that you should know about. Ups Capital Business Credit was the lender and the entrepreneur was based in Miami, Florida.

SBA Loan Borrower

R J GATOR'S FLORIDA SEA GRILL
MIAMI, FL 33157

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

9/9/2005

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $562,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a R.J. Gator's Restaurant franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 98 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Miami FL, you ought to talk with a local Miami SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Miami businesses.

We can help you find the best banks for small businesses in Miami or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Getting a Small Business Loan

Where to Get an SBA Loan in Windsor, Connecticut

Getting an SBA Loan in Connecticut