Jacksonville, FL Entrepreneur Gets SBA Loan to Buy Atlanta Bread Company Franchise

Need a loan to invest in an Atlanta Bread Company franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Atlanta Bread Company 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 Jacksonville, Florida. Because Atlanta Bread Company was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

ATLANTA BREAD COMPANY
JACKSONVILLE, FL 32258

SBA Loan Lender

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

This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

7/18/2001

Loan Approval Gross Amount

$612,000

Loan Approval from the SBA

Of the total $612,000 loan amount, the SBA guaranteed $459,000.

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 15 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Temecula Valley Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Temecula Valley Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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.

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