Borrow Money to Buy a Barista's Daily Grind Franchise
Need a loan to buy a Barista's Daily Grind franchise? Tierone Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Barista's Daily Grind franchise? If so, here's a 2004 SBA franchise loan that you should know about. Tierone Bank was the lender and the entrepreneur was based in Oakview, Missouri.
SBA Loan Borrower
BARISTA'S DAILY GRIND
OAKVIEW, MO 64118
SBA Loan Lender
TIERONE BANK
1235 'N' ST
LINCOLN, NE 68508
This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
10/15/2004
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Barista's Daily Grind franchise. At the time of the loan, the company
had 5 employees. The SBA loan documents did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.
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SBA loans provide smart, affordable business financing for small businesses looking to expand.
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.
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