Gray, TN Entrepreneur Gets SBA Loan to Buy Zero's Franchise

Need money to buy a Zero's franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.

Zero's franchise loans are available to Gray, Tennessee entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community W. Bank, based in Goleta, California, issued an SBA franchise loan for a Zero's franchise in 2005. We've got all the details on this Tennessee small business loan.

SBA Loan Borrower

ZERO'S SUBS
GRAY, TN 37615

SBA Loan Lender

COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117

This lender provides SBA debt financing 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

3/11/2005

Loan Approval Gross Amount

$79,200

Loan Approval from the SBA

Of the total $79,200 loan amount, the SBA guaranteed $67,320.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Zero's franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

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Where to Get an SBA Loan California