Nebraska Entrepreneur Secures Financing to Buy Barista's Daily Grind Franchise

Borrowing money to buy a Barista's Daily Grind franchise? Sac Fcu has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Barista's Daily Grind franchise? If so, here's a 2005 SBA franchise loan that you should know about. Sac Fcu was the lender and the entrepreneur was based in Papillion, Nebraska.

SBA Loan Borrower

BARISTA'S DAILY GRIND
PAPILLION, NE 68046

SBA Loan Lender

SAC FCU
11515 S 39TH ST
BELLEVUE, NE 68123

This small 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.

SIC Code

5812 - Eating Places

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

3/22/2005

Loan Approval Gross Amount

$326,700

Loan Approval from the SBA

Of the total $326,700 loan amount, the SBA guaranteed $245,025.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Barista's Daily Grind franchise. At the time of the loan, the company had 9 employees. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $326,700 loan. Remember, if it to be, it is up to me!

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.

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