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November 23, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Hollidaysburg, Business Loans > First Commonwealth Bank Hollidaysburg Business Loans > Meadows Of Frederick Loan | ||||
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Where to Get an SBA Loan to Purchase a Franchise
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Loan to Buy Meadows Original Frozen Custard the Franchise Issued By First Commonwealth BankNeed a loan to invest in a Meadows Original Frozen Custard the franchise? First Commonwealth Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Frederick, Maryland and are interested in buying a Meadows Original Frozen Custard the franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by First Commonwealth Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower MEADOWS OF FREDERICK SBA Loan Lender FIRST COMMONWEALTH BANK This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 6/30/2006 Loan Approval Gross Amount $225,000 Loan Approval from the SBA Of the total $225,000 loan amount, the SBA guaranteed $168,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Meadows Original Frozen Custard the franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 15 new jobs and retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $225,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Obtaining Funding - How to Borrow Money Best Hollidaysburg, Pennsylvania Banks for Small Business Where to Get an SBA Loan Pennsylvania
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