Borrow Money to Buy a The Honey Baked Ham Co. And Cafe Franchise
Need money to purchase a Honey Baked Ham Co. And Cafe franchise? Community Trust Bank, Inc. has a history of making these loans and they are guaranteed by the SBA.
If you live near Frankfort, Kentucky and are interested in buying a The Honey Baked Ham Co. And Cafe franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Community Trust Bank, Inc.. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
THE HONEYBAKED HAM CO AND CAFE
FRANKFORT, KY 40601
SBA Loan Lender
COMMUNITY TRUST BANK, INC.
346 N MAYO TRL
PIKEVILLE, KY 41501
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445210 - Meat Markets
Loan Approval Date
5/3/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $42,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a The Honey Baked Ham Co. And Cafe franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help generate 9 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
We can help you find the best banks for small businesses in Frankfort or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
The HoneyBaked Ham Co. & Café
The HoneyBaked Ham Co. and Cafe
Debt Financing
Good Banks for Small Business in Pikeville, Kentucky
Kentucky SBA 7A Lenders