Loan to Buy Bruegger Bagels Franchise Issued By First Place Bank

Need money to buy a Bruegger Bagels franchise? First Place Bank has a history of making these loans and they are guaranteed by the SBA.

Bruegger Bagels franchise loans are available to Stow, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Place Bank, based in Warren, Ohio, issued an SBA franchise loan for a Bruegger Bagels franchise in 2007. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

BRUEGGER'S BAKED FRESH
STOW, OH 44224

SBA Loan Lender

FIRST PLACE BANK
185 E MARKET ST
WARREN, OH 44481

This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

8/13/2007

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Bruegger Bagels franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 18 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Bruegger's Franchise Corporation

Dealing With Venture Capitalists

Small Business Banks in Warren, Ohio

Find an SBA Lender in Ohio