Loan Census Banking News and Information
May 11, 2024  
 
 
  Business Loan Information  
 

I Need an SBA Loan to Buy a Franchise in Stockbridge, Georgia

 

 
Loan Census SBA Loan Info

Stockbridge, GA Entrepreneur Gets SBA Loan to Buy Blimpie Franchise

Need a loan to purchase a Blimpie franchise? Haven Trust Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Blimpie franchise is doable. In 2006, Haven Trust Bank issued an SBA franchise loan to an entrepreneur in Stockbridge, Georgia. Because Blimpie was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.

SBA Loan Borrower

BLIMPIES SUB AND SALADS
STOCKBRIDGE, GA 30281

SBA Loan Lender

HAVEN TRUST BANK
6340 SUGARLOAF PKWY, STE 100
DULUTH, GA 30097

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

722211 - Limited-Service Restaurants

Loan Approval Date

5/12/2006

Loan Approval Gross Amount

$483,700

Loan Approval from the SBA

Of the total $483,700 loan amount, the SBA guaranteed $362,775.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Blimpie franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $483,700 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Blimpie Subs & Salads

Raising VC Money for Social Networking Companies

Best Duluth, Georgia Banks for Small Business

Where to Get an SBA Loan Georgia