Wells Fargo Bank Provides SBA Loan to Buy Atlanta Bread Company Franchise

Need money to purchase an Atlanta Bread Company franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Atlanta Bread Company franchise loans are available to Aurora, Colorado entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in Minneapolis, Minnesota, issued an SBA franchise loan for an Atlanta Bread Company franchise in 2002. We've got all the details on this Colorado small business loan.

SBA Loan Borrower

ATLANTA BREAD
AURORA, CO 80401

SBA Loan Lender

WELLS FARGO BANK
2329 CENTRAL AVE NE
MINNEAPOLIS, MN 55418

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

722110 - Full-Service Restaurants

Loan Approval Date

12/24/2002

Loan Approval Gross Amount

$645,400

Loan Approval from the SBA

Of the total $645,400 loan amount, the SBA guaranteed $484,050.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Atlanta Bread Company franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the borrowed money would help generate 30 new jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Atlanta Bread Company

Determining Proper Capital Structure for a Business

Where to Get an SBA Loan in Minneapolis, Minnesota

Getting an SBA Loan in Minnesota