Regions Bank Provides SBA Loan to Buy Moe's Sw Grill Franchise
Need money to purchase a Moe's Sw Grill franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Moe's Sw Grill franchise? If so, here's a 2004 SBA franchise loan that you should know about. Regions Bank was the lender and the entrepreneur was based in Marietta, Georgia.
SBA Loan Borrower
TIP II ANSLEY LLC
MARIETTA, GA 30067
SBA Loan Lender
REGIONS BANK
6637 ROSWELL RD
ATLANTA, GA 30328
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
3/29/2004
Loan Approval Gross Amount
$520,000
Loan Approval from the SBA
Of the total $520,000 loan amount, the SBA guaranteed $390,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Moe's Sw Grill franchise. At the time of the loan, the company
had 10 employees. The SBA loan application for the borrower indicated that the loan would help generate 11 new jobs and retain 21 existing jobs.
Getting an SBA Loan For Your Business
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
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.
Related Links:
Moe's Southwest Grill
Obtaining Funding - Getting Venture Capital
SBA Approved Banks in Atlanta, Georgia
Georgia SBA Banks