Georgia Entrepreneur Secures Financing to Buy Zaxby's Franchise
Need money to purchase a Zaxby's franchise? Afb&t has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Zaxby's franchise is doable. In 2002, Afb&t issued an SBA franchise loan to an entrepreneur in Athens, Georgia. Because Zaxby's was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.
SBA Loan Borrower
ZAXBY'S
ATHENS, GA 30606
SBA Loan Lender
AFB&T
124 E HANCOCK
ATHENS, GA 30601
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
1/23/2002
Loan Approval Gross Amount
$1,260,000
Loan Approval from the SBA
Of the total $1,260,000 loan amount, the SBA guaranteed $786,240.
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 only one employee. The loan application indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a small business or need money to grow a business, an SBA loan can be a great funding source
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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
The Art of Bootstrapping
SBA Banks in Athens, Georgia
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