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November 21, 2024  
 
 
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I Need a Small Business Loan to Buy a Franchise in Cedar City, Utah

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Taco Del Mar Franchise

Need a loan to purchase a Taco Del Mar franchise? Zions First National Bank has a history of making these loans and they are guaranteed by the SBA.

Taco Del Mar franchise loans are available to Cedar City, Utah entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Zions First National Bank, based in West Valley City, Utah, issued an SBA franchise loan for a Taco Del Mar franchise in 2005. We've got all the details on this Utah small business loan.

SBA Loan Borrower

BIG DADDY'S FOODS, INC. AND BD
CEDAR CITY, UT 84720

SBA Loan Lender

ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/21/2005

Loan Approval Gross Amount

$192,600

Loan Approval from the SBA

Of the total $192,600 loan amount, the SBA guaranteed $144,450.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Taco Del Mar franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 12 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Taco Del Mar

Microlending as a Small Business Funding Source

Small Business Banks in West Valley City, Utah

SBA Lenders in Utah