The Fidelity Bank Provides SBA Loan to Buy Indigo Joe's Sport Pub & Restaurant Franchise

Need money to invest in an Indigo Joe's Sport Pub & Restaurant franchise? The Fidelity Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Indigo Joe's Sport Pub & Restaurant franchise? If so, here's a 2006 SBA franchise loan that you should know about. The Fidelity Bank was the lender and the entrepreneur was based in Kernersville, North Carolina.

SBA Loan Borrower

INDIGO JOES
KERNERSVILLE, NC 27284

SBA Loan Lender

THE FIDELITY BANK
100 S MAIN ST
FUQUAY VARINA, NC 27526

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

3/1/2006

Loan Approval Gross Amount

$450,000

Loan Approval from the SBA

Of the total $450,000 loan amount, the SBA guaranteed $337,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Indigo Joe's Sport Pub & Restaurant franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a company in Kernersville NC, you ought to talk with a local Kernersville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kernersville businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Indigos Franchising

Indigo Joe's Pub & Restaurant

Obtaining Funding - Getting Venture Capital

SBA 7A Banks in Fuquay Varina, North Carolina

Find an SBA Lender in North Carolina