Georgia Entrepreneur Secures Financing to Buy Buffalo's cafe Franchise

Need money to buy a Buffalo's cafe franchise? Loans From Old Closed Lenders has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Buffalo's cafe franchise requires some effort but others before you have been successful. In 2002, Loans From Old Closed Lenders issued an SBA franchise loan to an entrepreneur in Stockbridge, Georgia. Because Buffalo's cafe was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.

SBA Loan Borrower

BUFFALO'S STOCKBRIDGE
STOCKBRIDGE, GA 30281

SBA Loan Lender

LOANS FROM OLD CLOSED LENDERS
409 3RD STREET S.W., SUITE 83
WASHINGTON, DC 20416

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

6/7/2002

Loan Approval Gross Amount

$194,500

Loan Approval from the SBA

Of the total $194,500 loan amount, the SBA guaranteed $145,875.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Buffalo's cafe franchise. At the time of the loan, the company had 20 employees. This SBA loan request indicated that the funding would help create 2 new jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $194,500 loan. Remember, if it to be, it is up to me!

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:

Buffalo's Cafe

The Friends and Family Network

SBA Participating Banks in Washington, District of Columbia

SBA District of Columbia Lenders