Dallas, TX Entrepreneur Gets SBA Loan to Buy Frullati Cafe Franchise

Borrowing money to invest in a Frullati Cafe franchise? Wachovia Bank has a history of making these loans and they are guaranteed by the SBA.

Frullati Cafe franchise loans are available to Dallas, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wachovia Bank, based in Irving, Texas, issued an SBA franchise loan for a Frullati Cafe franchise in 2000. We've got all the details on this Texas small business loan.

SBA Loan Borrower

FRULLATI CAFE AND BAKERY
DALLAS, TX 75240

SBA Loan Lender

WACHOVIA BANK
3636 W NORTHGATE DR
IRVING, TX 75062

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

11/6/2000

Loan Approval Gross Amount

$225,500

Loan Approval from the SBA

Of the total $225,500 loan amount, the SBA guaranteed $169,125.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Frullati Cafe franchise. At the time of the loan, the company had 25 employees. The SBA loan application for the borrower indicated that the loan would help retain 25 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $225,500 loan. Remember, anyone can do it... so why not you?

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:

Frullati Cafe & Bakery

Understanding Dilution

Small Business Banks in Irving, Texas

Texas SBA 7A Banks