California Entrepreneur Secures Financing to Buy Kentucky Fried Chicken Franchise

Need a loan to buy a Kentucky Fried Chicken 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 Kentucky Fried Chicken franchise? If so, here's a 2005 SBA franchise loan that you should know about. Irwin Franchise Cap. Corp was the lender and the entrepreneur was based in Mammoth Lakes, California.

SBA Loan Borrower

KENTUCKY FRIED CHICKEN
MAMMOTH LAKES, CA 00009

SBA Loan Lender

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

This lender processed this commercial 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

8/18/2005

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 a Kentucky Fried Chicken franchise. At the time of the loan, the company had 73 employees. The SBA loan application for the borrower indicated that the loan would help retain 73 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Mammoth Lakes or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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KFC Corporation

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