Columbia, SC Entrepreneur Gets SBA Loan to Buy Beef O'Brady's Franchise
Need a loan to buy a Beef O'Brady's franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.
Beef O'Brady's franchise loans are available to Columbia, South Carolina entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Houston, Texas, issued an SBA franchise loan for a Beef O'Brady's franchise in 2003. We've got all the details on this South Carolina small business loan.
SBA Loan Borrower
BEEF O'BRADY'S
COLUMBIA, SC 29229
SBA Loan Lender
COMERICA BANK
1900 W LOOP SOUTH
HOUSTON, TX 77027
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA 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
9/30/2003
Loan Approval Gross Amount
$293,400
Loan Approval from the SBA
Of the total $293,400 loan amount, the SBA guaranteed $220,050.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Beef O'Brady's franchise. At the time of the loan, the company
had only one employee. The SBA loan documents 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!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We can help you find the best banks for small businesses in Columbia or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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