Comerica Bank Provides SBA Loan to Buy Popeye's Famous Fried Chicken Franchise

Need a loan to purchase a Popeye's Famous Fried Chicken franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Popeye's Famous Fried Chicken franchise loans are available to Oceanside, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Menlo Park, California, issued an SBA franchise loan for a Popeye's Famous Fried Chicken franchise in 2001. We've got all the details on this California small business loan.

SBA Loan Borrower

POPEYE CHICKEN & BISCUIT
OCEANSIDE, CA 95060

SBA Loan Lender

COMERICA BANK
800 OAK GROVE AVE
MENLO PARK, CA 94025

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide debt financing to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

5/1/2001

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Popeye's Famous Fried Chicken franchise. At the time of the loan, the company had 24 employees. The loan application did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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:

Popeyes Chicken & Biscuits

Business Cash Advances

SBA Banks in Menlo Park, California

SBA Participating Banks in California