Irwin Franchise Cap. Corp Provides SBA Loan to Buy Denny's Restaurant Franchise

Need money to invest in a Denny's Restaurant franchise? Irwin Franchise Cap. Corp has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Denny's Restaurant franchise? If so, here's a 2007 SBA franchise loan that you should know about. Irwin Franchise Cap. Corp was the lender and the entrepreneur was based in La Salle, Michigan.

SBA Loan Borrower

PTS HOSPITALITY, LLC
LA SALLE, MI 48145

SBA Loan Lender

IRWIN FRANCHISE CAP. CORP
10 PARAGON DR
MONTVALE, NJ 07645

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

722110 - Full-Service Restaurants

Loan Approval Date

11/12/2007

Loan Approval Gross Amount

$600,000

Loan Approval from the SBA

Of the total $600,000 loan amount, the SBA guaranteed $450,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Denny's Restaurant franchise. At the time of the loan, the company had 82 employees. The SBA loan application for the borrower indicated that the loan would help generate 82 new jobs and retain 82 existing jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Irwin Franchise Cap. Corp and they will explain how you can get an SBA loan for your company.

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:

Denny's Inc.

SBIR Funding

SBA Banks in Montvale, New Jersey

Getting an SBA Loan in New Jersey