Loan to Buy Kaysons Grille Franchise Issued By The Buckhead Community Bank
Need money to purchase a Kaysons Grille franchise? The Buckhead Community Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Kaysons Grille franchise requires some effort but others before you have been successful. In 2006, The Buckhead Community Bank issued an SBA franchise loan to an entrepreneur in Alpharetta, Georgia. Because Kaysons Grille was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.
SBA Loan Borrower
KAYSONS GRILLE OLD ALABAMA
ALPHARETTA, GA 30022
SBA Loan Lender
THE BUCKHEAD COMMUNITY BANK
415 E PACES FERRY RD
ATLANTA, GA 30305
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.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
6/5/2006
Loan Approval Gross Amount
$699,300
Loan Approval from the SBA
Of the total $699,300 loan amount, the SBA guaranteed $524,475.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Kaysons Grille 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 18 new jobs and retain 20 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
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.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.
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