Borrow Money to Buy an International House Of Pancakes Franchise

Need a loan to invest in an International House Of Pancakes franchise? Irwin Franchise Cap. Corp has a history of making these loans and they are guaranteed by the SBA.

If you live near Lincoln, Nebraska and are interested in buying an International House Of Pancakes franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Irwin Franchise Cap. Corp. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

IHOP #2037
LINCOLN, NE 68516

SBA Loan Lender

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

This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

7/27/2005

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $175,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an International House Of Pancakes franchise. At the time of the loan, the company had 112 employees. The SBA loan documents indicated that the loan would help generate 24 new jobs and retain 112 existing jobs.

Getting an SBA Loan For Your Business

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

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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