Garland, TX Entrepreneur Gets SBA Loan to Buy Super Suppers Of Keller Franchise

Borrowing money to invest in a Super Suppers Of Keller franchise? Wachovia Bank has a history of making these loans and they are guaranteed by the SBA.

Super Suppers Of Keller franchise loans are available to Garland, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wachovia Bank, based in Charlotte, North Carolina, issued an SBA franchise loan for a Super Suppers Of Keller franchise in 2005. We've got all the details on this Texas small business loan.

SBA Loan Borrower

ARMANDA L. HAM
Garland, TX 75040

SBA Loan Lender

WACHOVIA BANK
301 S COLLEGE ST MAIN LOBBY
CHARLOTTE, NC 28202

The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722330 - Mobile Food Services

Loan Approval Date

4/19/2005

Loan Approval Gross Amount

$96,000

Loan Approval from the SBA

Of the total $96,000 loan amount, the SBA guaranteed $48,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Super Suppers Of Keller franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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.

Related Links:

Business Incubators

SBA 7A Banks in Charlotte, North Carolina

Getting an SBA Loan in North Carolina