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November 25, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Merritt Island, Business Loans > Riverside National Bank - Florida Merritt Island Business Loans > Atlanta Bread Company Loan | ||||
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Orlando, Florida Bank for SBA Loans
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Loan to Buy Atlanta Bread Company Franchise Issued By Riverside National Bank - FloridaNeed money to purchase an Atlanta Bread Company franchise? Riverside National Bank - Florida has a history of making these loans and they are guaranteed by the SBA. Getting money to buy an Atlanta Bread Company franchise shouldn't be overly burdensome. In 2005, Riverside National Bank - Florida issued an SBA franchise loan to an entrepreneur in Orlando, Florida. Because Atlanta Bread Company was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis. SBA Loan Borrower ATLANTA BREAD COMPANY SBA Loan Lender RIVERSIDE NATIONAL BANK - FLORIDA This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 6/24/2005 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy an Atlanta Bread Company franchise. At the time of the loan, the company had 16 employees. This SBA loan request did not indicate that the company planned to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $400,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Obtaining Funding - How to Decide How Much to Raise Best Banks for Small Business in Merritt Island, Florida
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