Loan to Buy Moe's Sw Grill Franchise Issued By Irwin Franchise Cap. Corp
Need money to invest in a Moe's Sw Grill franchise? Irwin Franchise Cap. Corp has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Avon, Indiana needed money to invest in a Moe's Sw Grill franchise back in 2007. Irwin Franchise Cap. Corp issued an SBA franchise loan. Here are the details on this Indiana small business loan.
SBA Loan Borrower
MOE'S SOUTHWEST GRILL
AVON, IN 46234
SBA Loan Lender
IRWIN FRANCHISE CAP. CORP
10 PARAGON DR
MONTVALE, NJ 07645
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
2/7/2007
Loan Approval Gross Amount
$623,000
Loan Approval from the SBA
Of the total $623,000 loan amount, the SBA guaranteed $467,250.
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 application for the borrower indicated that the loan would help generate 2 new jobs and retain 17 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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
Understanding Dilution
Best Banks in Montvale, New Jersey
Getting an SBA Loan in New Jersey