Ohio Entrepreneur Secures Financing to Buy Fuddrucker's Franchise

Need a loan to invest in a Fuddrucker's franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.

Fuddrucker's franchise loans are available to Miamisburg, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wachovia Sba Lending, Inc., based in Roseville, California, issued an SBA franchise loan for a Fuddrucker's franchise in 2001. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

FUDDRUCKERS
MIAMISBURG, OH 44456

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

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

1/19/2001

Loan Approval Gross Amount

$1,704,100

Loan Approval from the SBA

Of the total $1,704,100 loan amount, the SBA guaranteed $1,028,731.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fuddrucker's franchise. At the time of the loan, the company had 47 employees. The SBA loan documents indicated that the borrowed money would help create 47 new jobs.

Next Steps for Getting an SBA Loan

If you are raising money in Miamisburg OH, you ought to talk with a local Miamisburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Miamisburg businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wachovia Sba Lending, Inc. 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.

Related Links:

Fuddruckers, Inc.

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SBA 7A Banks in Roseville, California

SBA California Banks