Loan Census Banking News and Information
November 15, 2024  
 
 
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Isn Bank Small Business Franchise Loan

 

 
Loan Census SBA Loan Info

Brooklyn, NY Entrepreneur Gets SBA Loan to Buy Amazon Cafe Franchise

Borrowing money to purchase an Amazon Cafe franchise? Isn Bank has a history of making these loans and they are guaranteed by the SBA.

Amazon Cafe franchise loans are available to Brooklyn, New York entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Isn Bank, based in Cherry Hill, New Jersey, issued an SBA franchise loan for an Amazon Cafe franchise in 2004. We've got all the details on this New York small business loan.

SBA Loan Borrower

AMAZON CAFE
BROOKLYN, NY 11213

SBA Loan Lender

ISN BANK
457 HADDONFIELD RD, LIBERTYVI
CHERRY HILL, NJ 08002

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

722110 - Full-Service Restaurants

Loan Approval Date

12/17/2004

Loan Approval Gross Amount

$190,000

Loan Approval from the SBA

Of the total $190,000 loan amount, the SBA guaranteed $142,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Amazon Cafe franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Amazon Café

Small Business Credit Cards

Good Banks for Small Business in Cherry Hill, New Jersey

Where to Get an SBA Loan New Jersey