Marietta, GA Entrepreneur Gets SBA Loan to Buy Philly Connection Franchise

Borrowing money to invest in a Philly Connection franchise? Rbc Centura Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Philly Connection franchise is doable. In 2002, Rbc Centura Bank issued an SBA franchise loan to an entrepreneur in Marietta, Georgia. Because Philly Connection was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.

SBA Loan Borrower

PHILLY CONNECTION
MARIETTA, GA 30068

SBA Loan Lender

RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

11/15/2002

Loan Approval Gross Amount

$129,500

Loan Approval from the SBA

Of the total $129,500 loan amount, the SBA guaranteed $110,075.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Philly Connection franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Marietta GA, you ought to talk with a local Marietta SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Marietta businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Rbc Centura Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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