Daphne, GA Entrepreneur Gets SBA Loan to Buy Taco Del Sol Franchise

Need a loan to purchase a Taco Del Sol franchise? Rbc Centura Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Daphne, Georgia and are interested in buying a Taco Del Sol franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Rbc Centura Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

BAMA BAJA LLC
DAPHNE, GA 36526

SBA Loan Lender

RBC CENTURA BANK
3201 BEECHLEAF CT
RALEIGH, NC 27604

The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

7/5/2007

Loan Approval Gross Amount

$160,900

Loan Approval from the SBA

Of the total $160,900 loan amount, the SBA guaranteed $80,450.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Taco Del Sol franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 7 new jobs and retain 7 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Strategic Investors

SBA Approved Banks in Raleigh, North Carolina

North Carolina SBA 7A Lenders