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November 23, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Clarkesville, Business Loans > Southern Bank & Trust Clarkesville Business Loans > Blimpie Of Clarkesville Loan | ||||
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Loans to Buy a Franchise in Georgia
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Borrow Money to Buy a Blimpie FranchiseBorrowing money to invest in a Blimpie franchise? Southern Bank & Trust has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Clarkesville, Georgia needed money to invest in a Blimpie franchise back in 2007. Southern Bank & Trust issued an SBA franchise loan. Here are the details on this Georgia small business loan. SBA Loan Borrower BLIMPIE OF CLARKESVILLE SBA Loan Lender SOUTHERN BANK & TRUST SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 6/20/2007 Loan Approval Gross Amount $136,012 Loan Approval from the SBA Of the total $136,012 loan amount, the SBA guaranteed $102,009. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Blimpie franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. While you may be able to find other ways to get money to start a business, 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: How Much Venture Capital Is There? Who Lends Money to Small Businesses in Clarkesville, Georgia
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