Florida Entrepreneur Secures Financing to Buy Atlanta Bread Company Franchise
Borrowing money to purchase an Atlanta Bread Company franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy an Atlanta Bread Company franchise requires some effort but others before you have been successful. In 2003, Regions Bank 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
DNA BREADS LLC
ORLANDO, FL 32819
SBA Loan Lender
REGIONS BANK
6637 ROSWELL RD
ATLANTA, GA 30328
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
5/22/2003
Loan Approval Gross Amount
$1,115,000
Loan Approval from the SBA
Of the total $1,115,000 loan amount, the SBA guaranteed $836,250.
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 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $1,115,000. How would you spend $1,115,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Atlanta Bread Company
Banking Deregulation's Effects on Entrepreneurship
Best Banks in Atlanta, Georgia
Georgia SBA 7A Banks