Borrow Money to Buy a Po' Boys Creole Cafe Franchise

Need money to invest in a Po' Boys Creole Cafe franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Po' Boys Creole Cafe franchise? If so, here's a 2005 SBA franchise loan that you should know about. Community W. Bank was the lender and the entrepreneur was based in Orlando, Florida.

SBA Loan Borrower

PO' BOYS CREOLE CAFE
ORLANDO, FL 32811

SBA Loan Lender

COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117

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

722110 - Full-Service Restaurants

Loan Approval Date

7/19/2005

Loan Approval Gross Amount

$412,500

Loan Approval from the SBA

Of the total $412,500 loan amount, the SBA guaranteed $309,375.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Po' Boys Creole Cafe franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 14 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Community W. Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Po'Boys Creole Café

Alternative Financing

Banks in Goleta, California

Getting an SBA Loan in California