Borrow Money to Buy a Genghis Grill Franchise

Need money to purchase a Genghis Grill franchise? The Huntington National Bank has a history of making these loans and they are guaranteed by the SBA.

Genghis Grill franchise loans are available to Delaware, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Huntington National Bank, based in Columbus, Ohio, issued an SBA franchise loan for a Genghis Grill franchise in 2002. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

GENGHIS GRILL
DELAWARE, OH 43016

SBA Loan Lender

THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL
COLUMBUS, OH 43219

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

722211 - Limited-Service Restaurants

Loan Approval Date

7/8/2002

Loan Approval Gross Amount

$483,100

Loan Approval from the SBA

Of the total $483,100 loan amount, the SBA guaranteed $362,325.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Genghis Grill franchise. At the time of the loan, the company had 45 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

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 $483,100 loan. Remember, things become real when you believe you can achieve them!

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:

Genghis Grill

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