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December 22, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > Rbc Centura Bank Atlanta Business Loans > Mo Joe's To Go Loan | ||||
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SBA Franchise Financing Lender Atlanta Georgia
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Rbc Centura Bank Provides SBA Loan to Buy Mo-Joe's To Go FranchiseBorrowing money to purchase a Mo-Joe's To Go franchise? Rbc Centura Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Atlanta, Georgia needed money to invest in a Mo-Joe's To Go franchise back in 2002. Rbc Centura Bank issued an SBA franchise loan. Here are the details on this Georgia small business loan. SBA Loan Borrower MO JOE'S TO GO SBA Loan Lender RBC CENTURA 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 3/22/2002 Loan Approval Gross Amount $183,800 Loan Approval from the SBA Of the total $183,800 loan amount, the SBA guaranteed $137,850. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Mo-Joe's To Go franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the borrowed money would help create 5 new jobs. Start the Process for Getting an SBA Loan Today! 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. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Role of Business Plan When Raising Money SBA 7A Lenders in Atlanta, Georgia
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