Loan Census Banking News and Information
November 23, 2024  
 
 
  Business Loan Information  
 

I Need a Business Loan to Buy a Franchise in Atlanta, Georgia

 

 
Loan Census SBA Loan Info

Rbc Centura Bank Provides SBA Loan to Buy Moe's Sw Grill Franchise

Borrowing money to buy a Moe's Sw Grill franchise? Rbc Centura Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Moe's Sw Grill franchise? If so, here's a 2002 SBA franchise loan that you should know about. Rbc Centura Bank was the lender and the entrepreneur was based in Atlanta, Georgia.

SBA Loan Borrower

MOE'S SOUTHWEST GRILL
ATLANTA, GA 30341

SBA Loan Lender

RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide debt financing to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

11/4/2002

Loan Approval Gross Amount

$199,600

Loan Approval from the SBA

Of the total $199,600 loan amount, the SBA guaranteed $149,700.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Moe's Sw Grill franchise. At the time of the loan, the company had 15 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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:

Moe's Southwest Grill

Obtaining Funding - How to Borrow Money

SBA 7A Banks in Atlanta, Georgia

Getting a Business Loan in Georgia