Borrow Money to Buy a Days Inn Franchise

Borrowing money to purchase a Days Inn franchise? Queensborough National Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Days Inn franchise shouldn't be too tough. In 2000, Queensborough National Bank & Trust issued an SBA franchise loan to an entrepreneur in Millen, Georgia. Because Days Inn was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.

SBA Loan Borrower

DAYS INN
MILLEN, GA 30442

SBA Loan Lender

QUEENSBOROUGH NATIONAL BANK & TRUST
735 E WINTHROPE AVE
MILLEN, GA 30442

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7011 - Hotels and Motels

NAICS Code

721110 - Hotels and Motels

Loan Approval Date

4/26/2000

Loan Approval Gross Amount

$890,000

Loan Approval from the SBA

Of the total $890,000 loan amount, the SBA guaranteed $667,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Days Inn franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $890,000 loan. Remember, anyone can do it... so why not you?

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:

Days Inn Worldwide Inc.

Debt Financing

Small Bank Loans in Millen, Georgia

Georgia SBA 7A Lenders