Borrow Money to Buy a Cheeburger Cheburger Franchise

Need a loan to invest in a Cheeburger Cheburger franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Collierville, Tennessee needed money to invest in a Cheeburger Cheburger franchise back in 2005. Unity Bank issued an SBA franchise loan. Here are the details on this Tennessee small business loan.

SBA Loan Borrower

CHEEBURGER CHEEBURGER
COLLIERVILLE, TN 38017

SBA Loan Lender

UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809

This business loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

8/31/2005

Loan Approval Gross Amount

$391,000

Loan Approval from the SBA

Of the total $391,000 loan amount, the SBA guaranteed $293,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cheeburger Cheburger franchise. At the time of the loan, the company had 110 employees. The SBA loan documents did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Unity Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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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