Loan to Buy Moe's Sw Grill Franchise Issued By Flagler Bank
Need money to buy a Moe's Sw Grill franchise? Flagler 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 2004 SBA franchise loan that you should know about. Flagler Bank was the lender and the entrepreneur was based in Boca Raton, Florida.
SBA Loan Borrower
MOE'S SOUTHWEST GRILL
BOCA RATON, FL 33431
SBA Loan Lender
FLAGLER BANK
1801 FOREST HILL BLVD
WEST PALM BEACH, FL 33406
This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
6/8/2004
Loan Approval Gross Amount
$283,500
Loan Approval from the SBA
Of the total $283,500 loan amount, the SBA guaranteed $212,625.
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 18 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Boca Raton 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:
Moe's Southwest Grill
Business Cash Advances
Find an SBA Lender in West Palm Beach, Florida
SBA Participating Banks in Florida