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November 21, 2024  
 
 
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I Need Commercial Loans to Buy a Franchise in Corpus Christi, Texas

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Honey Baked Hams & Cafe Franchise

Need money to purchase a Honey Baked Hams & Cafe franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Honey Baked Hams & Cafe franchise may simply require a phone call to a local SBA banker. In 2006, Comerica Bank issued an SBA franchise loan to an entrepreneur in Corpus Christi, Texas. Because Honey Baked Hams & Cafe was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

THE HONEY BAKED HAM COMPANY AN
CORPUS CHRISTI, TX 78412

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445210 - Meat Markets

Loan Approval Date

6/22/2006

Loan Approval Gross Amount

$334,900

Loan Approval from the SBA

Of the total $334,900 loan amount, the SBA guaranteed $251,175.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Honey Baked Hams & Cafe franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Comerica Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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