Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Loans to Buy a Franchise in Texas

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an Atlanta Bread Company Franchise

Need a loan to purchase an Atlanta Bread Company franchise? Transamerica Small Business Capita has a history of making these loans and they are guaranteed by the SBA.

Atlanta Bread Company franchise loans are available to Addison, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Transamerica Small Business Capita, based in Greenville, South Carolina, issued an SBA franchise loan for an Atlanta Bread Company franchise in 2000. We've got all the details on this Texas small business loan.

SBA Loan Borrower

ATLANTA BREAD COMPANY
ADDISON, TX 75001

SBA Loan Lender

TRANSAMERICA SMALL BUSINESS CAPITA
220 N MAIN ST, STE 604
GREENVILLE, SC 29601

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

7/12/2000

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Atlanta Bread Company franchise. At the time of the loan, the company had 30 employees. The loan application indicated that the funding would help create 30 new jobs.

Next Steps for Getting an SBA Loan

If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Transamerica Small Business Capita are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Atlanta Bread Company

Small Business Loan

Good Banks for Small Business in Greenville, South Carolina

SBA South Carolina Lenders