Alabama Entrepreneur Secures Financing to Buy Atlanta Bread Company Franchise
Need money to buy an Atlanta Bread Company franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy an Atlanta Bread Company franchise is doable. In 2001, Comerica Bank issued an SBA franchise loan to an entrepreneur in Huntsville, Alabama. Because Atlanta Bread Company was registered with the SBA's registry of franchises, this Alabama small business loan was issued on an expedited basis.
SBA Loan Borrower
ATLANTA BREAD COMPANY
HUNTSVILLE, AL 35803
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
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
11/20/2001
Loan Approval Gross Amount
$536,000
Loan Approval from the SBA
Of the total $536,000 loan amount, the SBA guaranteed $402,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an Atlanta Bread Company franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the borrowed money would help create 35 new jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
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:
Atlanta Bread Company
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Banks in Dallas, Texas
Texas SBA 7A Banks