Utah Entrepreneur Secures Financing to Buy Gandolfo's New York Delicatessen Franchise

Need a loan to purchase a Gandolfo's New York Delicatessen franchise? Zions First National Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Gandolfo's New York Delicatessen franchise may simply require a phone call to a local SBA banker. In 2004, Zions First National Bank issued an SBA franchise loan to an entrepreneur in Ogden, Utah. Because Gandolfo's New York Delicatessen was registered with the SBA's registry of franchises, this Utah small business loan was issued on an expedited basis.

SBA Loan Borrower

KAR ENTERPRISES, INC.
OGDEN, UT 84405

SBA Loan Lender

ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119

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

10/5/2004

Loan Approval Gross Amount

$145,000

Loan Approval from the SBA

Of the total $145,000 loan amount, the SBA guaranteed $123,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Gandolfo's New York Delicatessen franchise. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Ogden UT, you ought to talk with a local Ogden SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ogden businesses.

We can help you find the best banks for small businesses in Ogden or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Gandolfo's New York Delicatessen

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