Delaware Entrepreneur Secures Financing to Buy Super Suppers Franchise
Need a loan to invest in a Super Suppers franchise? Wilmington Trust Company has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Super Suppers franchise? If so, here's a 2006 SBA franchise loan that you should know about. Wilmington Trust Company was the lender and the entrepreneur was based in Dover, Delaware.
SBA Loan Borrower
SUPER SUPPERS
DOVER, DE 19904
SBA Loan Lender
WILMINGTON TRUST COMPANY
82 E MAIN ST
NEWARK, DE 19711
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
311991 - Perishable Prepared Food Manufacturing
Loan Approval Date
6/22/2006
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Super Suppers franchise. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Super Suppers
Small Business Credit Cards
Find an SBA Lender in Newark, Delaware
SBA Lenders in Delaware