Loan Census Banking News and Information
December 22, 2024  
 
 
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Ohio Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Hamburger Mary's Organic Grill Franchise

Need money to buy a Hamburger Mary's Organic Grill franchise? Fifth Third Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Hamburger Mary's Organic Grill franchise? If so, here's a 2001 SBA franchise loan that you should know about. Fifth Third Bank was the lender and the entrepreneur was based in Cincinnati, Ohio.

SBA Loan Borrower

HAMBURGER MARY'S
CINCINNATI, OH 45202

SBA Loan Lender

FIFTH THIRD BANK
38 FOUNTAIN SQ PLZ
CINCINNATI, OH 45263

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

8/15/2001

Loan Approval Gross Amount

$304,400

Loan Approval from the SBA

Of the total $304,400 loan amount, the SBA guaranteed $228,300.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Hamburger Mary's Organic Grill franchise. At the time of the loan, the company had 25 employees. The loan application indicated that the borrowed money would help create 25 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you want money for new small business in Cincinnati OH, you ought to talk with a local Cincinnati SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cincinnati businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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