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November 14, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > United Commercial Bank Atlanta Business Loans > Church's Fried Chicken Store # Loan | ||||
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SBA Lenders for Atlanta, Georgia Small Business Owners
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Loan to Buy Church's Fried Chicken Franchise Issued By United Commercial BankNeed a loan to buy a Church's Fried Chicken franchise? United Commercial Bank has a history of making these loans and they are guaranteed by the SBA. Church's Fried Chicken franchise loans are available to Atlanta, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, United Commercial Bank, based in Atlanta, Georgia, issued an SBA franchise loan for a Church's Fried Chicken franchise in 2004. We've got all the details on this Georgia small business loan. SBA Loan Borrower CHURCH'S FRIED CHICKEN STORE # SBA Loan Lender UNITED COMMERCIAL BANK 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 6/9/2004 Loan Approval Gross Amount $167,200 Loan Approval from the SBA Of the total $167,200 loan amount, the SBA guaranteed $125,400. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Church's Fried Chicken franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 6 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into United Commercial Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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:
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