Loan to Buy Frullati Cafe Franchise Issued By Twin City Bank
Need money to purchase a Frullati Cafe franchise? Twin City Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Little Rock, Arkansas and are interested in buying a Frullati Cafe franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Twin City Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
FRULLATI CAFE
LITTLE ROCK, AR 72205
SBA Loan Lender
TWIN CITY BANK
2716 LAKEWOOD VILLAGE PL
NORTH LITTLE ROCK, AR 72116
This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
722211 - Limited-Service Restaurants
Loan Approval Date
7/2/2007
Loan Approval Gross Amount
$70,000
Loan Approval from the SBA
Of the total $70,000 loan amount, the SBA guaranteed $35,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Frullati Cafe franchise. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
This SBA loan was for $70,000. How would you spend $70,000 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:
Frullati Cafe & Bakery
Business Credit Evaluation
Where to Get an SBA Loan in North Little Rock, Arkansas
SBA Arkansas Lenders