Loan to Buy Kentucky Fried Chicken Franchise Issued By Community Bank, Inc.
Borrowing money to invest in a Kentucky Fried Chicken franchise? Community Bank, Inc. has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Kentucky Fried Chicken franchise? If so, here's a 2000 SBA franchise loan that you should know about. Community Bank, Inc. was the lender and the entrepreneur was based in Polson, Montana.
SBA Loan Borrower
POLSON A&W AND KFC
POLSON, MT 59680
SBA Loan Lender
COMMUNITY BANK, INC.
63239 US HWY 93
RONAN, MT 59864
This SBA loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and a thorough understanding of SBA policies and procedures.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
11/8/2000
Loan Approval Gross Amount
$690,000
Loan Approval from the SBA
Of the total $690,000 loan amount, the SBA guaranteed $517,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Kentucky Fried Chicken franchise. At the time of the loan, the company
had 25 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.
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 company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
KFC Corporation
Strategic Investors
SBA Approved Banks in Ronan, Montana
SBA Montana Lenders