Loan to Buy Kolache Factory Franchise Issued By Comerica Bank

Need money to purchase a Kolache Factory franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Kolache Factory franchise loans are available to Atlanta, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Dallas, Texas, issued an SBA franchise loan for a Kolache Factory franchise in 2004. We've got all the details on this Georgia small business loan.

SBA Loan Borrower

KOLACHE FACTORY
ATLANTA, GA 30340

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

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

9/15/2004

Loan Approval Gross Amount

$240,700

Loan Approval from the SBA

Of the total $240,700 loan amount, the SBA guaranteed $180,525.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Kolache Factory franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

We've showcased information on this loan to let you know that businesses like yours 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:

Kolache Factory

Business Incubators

SBA Participating Banks in Dallas, Texas

Getting an SBA Loan in Texas