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December 22, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Dunwoody, Business Loans > Colonial Bank Dunwoody Business Loans > Camocat Inc Loan | ||||
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Lawrenceville, Georgia Bank for SBA Loans
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Borrow Money to Buy a Taco Maker FranchiseBorrowing money to purchase a Taco Maker franchise? Colonial Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Lawrenceville, Georgia needed money to invest in a Taco Maker franchise back in 2000. Colonial Bank issued an SBA franchise loan. Here are the details on this Georgia small business loan. SBA Loan Borrower CAMOCAT INC SBA Loan Lender COLONIAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 6/29/2000 Loan Approval Gross Amount $283,000 Loan Approval from the SBA Of the total $283,000 loan amount, the SBA guaranteed $212,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Taco Maker franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the funding would help create 30 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. This SBA loan was for $283,000. How would you spend $283,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Banks in Dunwoody, Georgia
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