Las Vegas, NV Entrepreneur Gets SBA Loan to Buy Taco Time Franchise
Need a loan to invest in a Taco Time franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Taco Time franchise? If so, here's a 2005 SBA franchise loan that you should know about. Ups Capital Business Credit was the lender and the entrepreneur was based in Las Vegas, Nevada.
SBA Loan Borrower
TACO TIME AND SURF CITY SQUEEZ
LAS VEGAS, NV 89119
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
3/22/2005
Loan Approval Gross Amount
$287,000
Loan Approval from the SBA
Of the total $287,000 loan amount, the SBA guaranteed $215,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Taco Time franchise. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
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 Ups Capital Business Credit 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.
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TacoTime International, Inc.
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