Borrow Money to Buy a Tcby Franchise
Need money to buy a Tcby franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Hernando, Mississippi needed money to invest in a Tcby franchise back in 2003. Community W. Bank issued an SBA franchise loan. Here are the details on this Mississippi small business loan.
SBA Loan Borrower
TCBY
HERNANDO, MS 38632
SBA Loan Lender
COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
8/13/2003
Loan Approval Gross Amount
$146,100
Loan Approval from the SBA
Of the total $146,100 loan amount, the SBA guaranteed $124,185.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Tcby franchise. At the time of the loan, the company
had 5 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
TCBY Systems, LLC
Business Cash Advances
Where to Get an SBA Loan in Goleta, California
SBA California Lenders