Borrow Money to Buy an Arby's Franchise
Need a loan to purchase an Arby's franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA.
Arby's franchise loans are available to Brenham, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Small Business Loan Source LLC, based in Houston, Texas, issued an SBA franchise loan for an Arby's franchise in 2007. We've got all the details on this Texas small business loan.
SBA Loan Borrower
ACMP ENTERPRISES, INC.
BRENHAM, TX 77833
SBA Loan Lender
SMALL BUSINESS LOAN SOURCE LLC
9801 WESTHEIMER RD #1100
HOUSTON, TX 77056
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
12/11/2007
Loan Approval Gross Amount
$1,329,000
Loan Approval from the SBA
Of the total $1,329,000 loan amount, the SBA guaranteed $996,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an Arby's franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 28 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Small Business Loan Source LLC are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.
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