South Carolina Entrepreneur Secures Financing to Buy Beef O'Brady's Franchise
Borrowing money to invest in a Beef O'Brady's franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Greenwood, South Carolina needed money to invest in a Beef O'Brady's franchise back in 2003. Comerica Bank issued an SBA franchise loan. Here are the details on this South Carolina small business loan.
SBA Loan Borrower
BEEF 'O' BRADY'S
GREENWOOD, SC 29649
SBA Loan Lender
COMERICA BANK
1800 CORPORATE BLVD NW, STE 2
BOCA RATON, FL 33431
This SBA loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
3/3/2003
Loan Approval Gross Amount
$317,000
Loan Approval from the SBA
Of the total $317,000 loan amount, the SBA guaranteed $237,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Beef O'Brady's franchise. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the small business planned to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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