Orlando, FL Entrepreneur Gets SBA Loan to Buy Nature's Table Franchise

Need money to purchase a Nature's Table franchise? First Comm. Bank - Florida has a history of making these loans and they are guaranteed by the SBA.

Nature's Table franchise loans are available to Orlando, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Comm. Bank - Florida, based in Lake Mary, Florida, issued an SBA franchise loan for a Nature's Table franchise in 2004. We've got all the details on this Florida small business loan.

SBA Loan Borrower

NATURE'S TABLE CAFE (BSN HOLDI
ORLANDO, FL 32806

SBA Loan Lender

FIRST COMM. BANK - FLORIDA
3505 W LAKE MARY BLVD
LAKE MARY, FL 32746

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

6/25/2004

Loan Approval Gross Amount

$117,750

Loan Approval from the SBA

Of the total $117,750 loan amount, the SBA guaranteed $100,087.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Nature's Table franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

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.

Related Links:

Nature's Table Café

Famous Venture Capitalists

Small Bank Loans in Lake Mary, Florida

Florida SBA Bank Lenders