General Electric Evendale Empl Provides SBA Loan to Buy Atlanta Bread Company Franchise

Need money to invest in an Atlanta Bread Company franchise? General Electric Evendale Empl has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Mason, Ohio needed money to invest in an Atlanta Bread Company franchise back in 2005. General Electric Evendale Empl issued an SBA franchise loan. Here are the details on this Ohio small business loan.

SBA Loan Borrower

ATLANTA BREAD CO.
MASON, OH 45040

SBA Loan Lender

GENERAL ELECTRIC EVENDALE EMPL
10485 READING RD
CINCINNATI, OH 45241

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5461 - Retail Bakeries

NAICS Code

311811 - Retail Bakeries

Loan Approval Date

12/13/2005

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Atlanta Bread Company franchise. At the time of the loan, the company had 30 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $300,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Atlanta Bread Company

Debt Financing

SBA 7A Banks for Cincinnati, Ohio Loans

Ohio SBA Bank Lenders