Comerica Bank Provides SBA Loan to Buy Fuddrucker's Franchise
Need money to purchase a Fuddrucker's franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.
Fuddrucker's franchise loans are available to Mcdonough, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Dallas, Texas, issued an SBA franchise loan for a Fuddrucker's franchise in 2006. We've got all the details on this Georgia small business loan.
SBA Loan Borrower
THE BRITT & BROWN COMPANY, INC. DBA FUDDRU
McDonough, GA 30253
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
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
11/20/2006
Loan Approval Gross Amount
$847,000
Loan Approval from the SBA
Of the total $847,000 loan amount, the SBA guaranteed $635,250.
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 2 employees. This SBA loan request indicated that the loan would help generate 40 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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.
Business Incubators
Banks in Dallas, Texas
SBA Lenders in Texas