Loan to Buy Three Brothers Franchise Issued By The Columbia Bank
Need a loan to buy a Three Brothers franchise? The Columbia Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Three Brothers franchise shouldn't be overly burdensome. In 2003, The Columbia Bank issued an SBA franchise loan to an entrepreneur in Glen Burnie, Maryland. Because Three Brothers was registered with the SBA's registry of franchises, this Maryland small business loan was issued on an expedited basis.
SBA Loan Borrower
THREE BROTHERS PIZZA
GLEN BURNIE, MD 21061
SBA Loan Lender
THE COLUMBIA BANK
7168 COLUMBIA GATEWAY DR
COLUMBIA, MD 21046
This lender provides SBA 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
2/14/2003
Loan Approval Gross Amount
$307,000
Loan Approval from the SBA
Of the total $307,000 loan amount, the SBA guaranteed $230,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Three Brothers franchise. At the time of the loan, the company
had 25 employees. The loan application indicated that the loan would help retain 25 existing jobs.
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 $307,000. How would you spend $307,000 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:
Three Brothers
How to Raise Money
SBA 7A Banks in Columbia, Maryland
Browse All Business Loan Sources for Maryland