Bucks County Bank Provides SBA Loan to Buy Salad Works Franchise
Borrowing money to invest in a Salad Works franchise? Bucks County Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Salad Works franchise? If so, here's a 2006 SBA franchise loan that you should know about. Bucks County Bank was the lender and the entrepreneur was based in Collegeville, Pennsylvania.
SBA Loan Borrower
SALADWORKS
COLLEGEVILLE, PA 19426
SBA Loan Lender
BUCKS COUNTY BANK
200 S MAIN ST
DOYLESTOWN, PA 18901
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
1/27/2006
Loan Approval Gross Amount
$280,000
Loan Approval from the SBA
Of the total $280,000 loan amount, the SBA guaranteed $140,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Salad Works franchise. At the time of the loan, the company
had 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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 Bucks County 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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