Loan to Buy Beef O'Brady's Franchise Issued By Comerica Bank

Need a loan to purchase a Beef O'Brady's franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Beef O'Brady's franchise loans are available to Cartersville, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Dallas, Texas, issued an SBA franchise loan for a Beef O'Brady's franchise in 2004. We've got all the details on this Georgia small business loan.

SBA Loan Borrower

BEEF O' BRADY'S
CARTERSVILLE, GA 30120

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

9/29/2004

Loan Approval Gross Amount

$378,600

Loan Approval from the SBA

Of the total $378,600 loan amount, the SBA guaranteed $283,950.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Beef O'Brady's franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 20 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Comerica Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Beef O'Brady's Family Sports Pubs

Obtaining Funding - Friends and Family

SBA 7A Banks for Dallas, Texas Loans

Texas SBA 7A Lenders