Loan Census Banking News and Information
November 14, 2024  
 
 
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Florida Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Captain D's Seafood Restaurants Franchise

Need a loan to invest in a Captain D's Seafood Restaurants franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Captain D's Seafood Restaurants franchise requires some effort but others before you have been successful. In 2003, Community W. Bank issued an SBA franchise loan to an entrepreneur in Quincy, Florida. Because Captain D's Seafood Restaurants was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

CAPTAIN D'S
QUINCY, FL 32351

SBA Loan Lender

COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

7/9/2003

Loan Approval Gross Amount

$377,500

Loan Approval from the SBA

Of the total $377,500 loan amount, the SBA guaranteed $283,125.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Captain D's Seafood Restaurants franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 26 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Community W. Bank and they will explain how you can get an SBA loan for your company.

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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Who Lends Money to Small Businesses in Goleta, California

Getting an SBA Loan in California