Loan Census Banking News and Information
April 26, 2024  
 
 
  Business Loan Information  
 

Best Banks for Woodstock, Georgia Business Owners

 

 
Loan Census SBA Loan Info

Loans From Old Closed Lenders Provides SBA Loan to Buy Zaxby's Franchise

Borrowing money to purchase a Zaxby's franchise? Loans From Old Closed Lenders has a history of making these loans and they are guaranteed by the SBA.

Zaxby's franchise loans are available to Woodstock, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Loans From Old Closed Lenders, based in Washington, District of Columbia, issued an SBA franchise loan for a Zaxby's franchise in 2001. We've got all the details on this Georgia small business loan.

SBA Loan Borrower

ZAXBY'S
WOODSTOCK, GA 30188

SBA Loan Lender

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

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

1/4/2001

Loan Approval Gross Amount

$1,177,800

Loan Approval from the SBA

Of the total $1,177,800 loan amount, the SBA guaranteed $883,350.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Zaxby's franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 25 new jobs and retain 27 existing 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 $1,177,800 loan. Remember, feel the fear, and do it anyway.

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:

Zaxby's

Small Business Credit Cards

Who Lends Money to Small Businesses in Washington, District of Columbia

Getting an SBA Loan in District of Columbia