Loan to Buy Apple Spice Junction Franchise Issued By Community So. Bank D.B.A Commun

Need a loan to buy an Apple Spice Junction franchise? Community So. Bank D.B.A Commun has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Apple Spice Junction franchise may simply require a phone call to a local SBA banker. In 2004, Community So. Bank D.B.A Commun issued an SBA franchise loan to an entrepreneur in Orlando, Florida. Because Apple Spice Junction was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

APPLE SPICE JUNCTION
ORLANDO, FL 32805

SBA Loan Lender

COMMUNITY SO. BANK D.B.A COMMUN
51 W MAIN ST
PARSONS, TN 38363

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

11/22/2004

Loan Approval Gross Amount

$122,200

Loan Approval from the SBA

Of the total $122,200 loan amount, the SBA guaranteed $103,870.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Apple Spice Junction franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 12 new jobs and retain 13 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Community So. Bank D.B.A Commun that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Apple Spice Junction

Direct Public Offerings

Best Parsons, Tennessee Banks for Small Business

Tennessee SBA 7A Lenders