Loan Census Banking News and Information
April 26, 2024  
 
 
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Saint Petersburg, Florida Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Community Bank Of Manatee Provides SBA Loan to Buy Beef O'Brady's Franchise

Borrowing money to purchase a Beef O'Brady's franchise? Community Bank Of Manatee has a history of making these loans and they are guaranteed by the SBA.

If you live near Saint Petersburg, Florida and are interested in buying a Beef O'Brady's franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Community Bank Of Manatee. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

BEEF O' BRADY'S
SAINT PETERSBURG, FL 33704

SBA Loan Lender

COMMUNITY BANK OF MANATEE
6000 SR 70 EAST
BRADENTON, FL 34203

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

722110 - Full-Service Restaurants

Loan Approval Date

1/11/2005

Loan Approval Gross Amount

$320,000

Loan Approval from the SBA

Of the total $320,000 loan amount, the SBA guaranteed $240,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Beef O'Brady's franchise. At the time of the loan, the company had 19 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 21 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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