North Dakota Entrepreneur Secures Financing to Buy Taco Del Mar Franchise
Need money to buy a Taco Del Mar franchise? Bnc National Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Taco Del Mar franchise shouldn't be overly burdensome. In 2006, Bnc National Bank issued an SBA franchise loan to an entrepreneur in Bismarck, North Dakota. Because Taco Del Mar was registered with the SBA's registry of franchises, this North Dakota small business loan was issued on an expedited basis.
SBA Loan Borrower
TACO DEL MAR
BISMARCK, ND 58501
SBA Loan Lender
BNC NATIONAL BANK
2425 E CAMELBACK RD, STE 100
PHOENIX, AZ 85016
This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
8/29/2006
Loan Approval Gross Amount
$171,000
Loan Approval from the SBA
Of the total $171,000 loan amount, the SBA guaranteed $85,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Taco Del Mar franchise. At the time of the loan, the company
had 12 employees. The loan application indicated that the loan would help create 12 new jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
This SBA loan was for $171,000. How would you spend $171,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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.
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