Borrow Money to Buy a Moe's Sw Grill Franchise
Need a loan to invest in a Moe's Sw Grill franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Moe's Sw Grill franchise may simply require a phone call to a local SBA banker. In 2006, Community W. Bank issued an SBA franchise loan to an entrepreneur in High Point, North Carolina. Because Moe's Sw Grill was registered with the SBA's registry of franchises, this North Carolina small business loan was issued on an expedited basis.
SBA Loan Borrower
MOE'S SOUTHWEST GRILL
HIGH POINT, NC 27265
SBA Loan Lender
COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117
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
722211 - Limited-Service Restaurants
Loan Approval Date
1/20/2006
Loan Approval Gross Amount
$290,000
Loan Approval from the SBA
Of the total $290,000 loan amount, the SBA guaranteed $217,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Moe's Sw Grill franchise. At the time of the loan, the company
had 25 employees. This SBA loan request indicated that the loan would help generate 27 new jobs and retain 25 existing jobs.
Getting an SBA Loan For Your Business
If you are raising money in High Point NC, you ought to talk with a local High Point SBA lender or talk with an out-of-area SBA lender that has previously loaned money to High Point businesses.
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:
Moe's Southwest Grill
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Good Banks for Small Business in Goleta, California
Getting an SBA Loan in California