Borrow Money to Buy a Jb's Restaurant Franchise

Borrowing money to buy a Jb's Restaurant franchise? Americanwest Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Jb's Restaurant franchise? If so, here's a 2000 SBA franchise loan that you should know about. Americanwest Bank was the lender and the entrepreneur was based in Price, Utah.

SBA Loan Borrower

JB'S OF PRICE,ROOSEVELT&MOAB U
PRICE, UT 84501

SBA Loan Lender

AMERICANWEST BANK
82 W MAIN
PRICE, UT 84501

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

3/31/2000

Loan Approval Gross Amount

$103,000

Loan Approval from the SBA

Of the total $103,000 loan amount, the SBA guaranteed $77,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Jb's Restaurant franchise. At the time of the loan, the company had 93 employees. The loan application did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you need seed money for a small 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.

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