Atlanta, GA Entrepreneur Gets SBA Loan to Buy Zero's Franchise
Need money to invest in a Zero's franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Atlanta, Georgia and are interested in buying a Zero's franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Community W. Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
ZERO'S SUBS OF PEACHTREE HILLS
ATLANTA, GA 30305
SBA Loan Lender
COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
7/20/2005
Loan Approval Gross Amount
$113,800
Loan Approval from the SBA
Of the total $113,800 loan amount, the SBA guaranteed $96,730.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Zero's franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We can help you find the best banks for small businesses in Atlanta or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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Who Lends Money to Small Businesses in Goleta, California
SBA Participating Banks in California