Temecula Valley Bank Provides SBA Loan to Buy Atlanta Bread Company Franchise
Need a loan to buy an Atlanta Bread Company franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Florence, South Carolina needed money to invest in an Atlanta Bread Company franchise back in 2002. Temecula Valley Bank issued an SBA franchise loan. Here are the details on this South Carolina small business loan.
SBA Loan Borrower
ATLANTA BREAD COMPANY
FLORENCE, SC 29501
SBA Loan Lender
TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590
This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
2/26/2002
Loan Approval Gross Amount
$555,000
Loan Approval from the SBA
Of the total $555,000 loan amount, the SBA guaranteed $416,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an Atlanta Bread Company franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 12 new jobs and retain 12 existing jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Atlanta Bread Company
How to Raise Money
Small Business Banks in Temecula, California
California SBA Banks