Tennessee Entrepreneur Secures Financing to Buy Zaxby's Franchise

Need a loan to invest in a Zaxby's franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Zaxby's franchise? If so, here's a 2000 SBA franchise loan that you should know about. Regions Bank was the lender and the entrepreneur was based in Chattanooga, Tennessee.

SBA Loan Borrower

ZAXBY'S CHICKEN FINGERS & BUFF
CHATTANOOGA, TN 37420

SBA Loan Lender

REGIONS BANK
250 RIVERCHASE PKWY E RCS-1 B
BIRMINGHAM, AL 35244

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

11/30/2000

Loan Approval Gross Amount

$147,500

Loan Approval from the SBA

Of the total $147,500 loan amount, the SBA guaranteed $110,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Zaxby's franchise. At the time of the loan, the company had 25 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Chattanooga TN, you ought to talk with a local Chattanooga SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Chattanooga businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Regions Bank and they will explain how you can get an SBA loan for your company.

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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