Loan Census Banking News and Information
December 22, 2024  
 
 
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Where Can I Find Franchise Loans in Greenwood, South Carolina?

 

 
Loan Census SBA Loan Info

Loan to Buy Buffalo's cafe Franchise Issued By Temecula Valley Bank

Need a loan to purchase a Buffalo's cafe franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Buffalo's cafe franchise may simply require a phone call to a local SBA banker. In 2001, Temecula Valley Bank issued an SBA franchise loan to an entrepreneur in Greenwood, South Carolina. Because Buffalo's cafe was registered with the SBA's registry of franchises, this South Carolina small business loan was issued on an expedited basis.

SBA Loan Borrower

BUFFALO'S SOUTHWEST CAFE
GREENWOOD, SC 29649

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

10/31/2001

Loan Approval Gross Amount

$1,203,000

Loan Approval from the SBA

Of the total $1,203,000 loan amount, the SBA guaranteed $902,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Buffalo's cafe franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 38 new jobs and retain 40 existing jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Temecula Valley Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Buffalo's Cafe

Startup Funding Tip

Small Bank Loans in Temecula, California

SBA Participating Banks in California