Texas Entrepreneur Secures Financing to Buy Golden Corral restaurant Franchise
Need a loan to purchase a Golden Corral restaurant franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.
Golden Corral restaurant franchise loans are available to Jasper, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Houston, Texas, issued an SBA franchise loan for a Golden Corral restaurant franchise in 2003. We've got all the details on this Texas small business loan.
SBA Loan Borrower
GOLDEN CORRAL
JASPER, TX 75951
SBA Loan Lender
COMERICA BANK
1900 W LOOP SOUTH
HOUSTON, TX 77027
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
2/26/2003
Loan Approval Gross Amount
$789,300
Loan Approval from the SBA
Of the total $789,300 loan amount, the SBA guaranteed $591,975.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Golden Corral restaurant franchise. At the time of the loan, the company
had 20 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 20 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
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.
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