Loan to Buy Krispy Krunchy Chicken Franchise Issued By United Central Bank

Borrowing money to buy a Krispy Krunchy Chicken franchise? United Central Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Krispy Krunchy Chicken franchise? If so, here's a 2007 SBA franchise loan that you should know about. United Central Bank was the lender and the entrepreneur was based in Grandview, Texas.

SBA Loan Borrower

NEALS FOOD STORE
GRANDVIEW, TX 76050

SBA Loan Lender

UNITED CENTRAL BANK
4555 W WALNUT ST
GARLAND, TX 75042

This lender provides SBA 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

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

3/12/2007

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $76,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Krispy Krunchy Chicken franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

If you want money for new small business in Grandview TX, you ought to talk with a local Grandview SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Grandview businesses.

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 $90,000 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.

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