The Buckhead Community Bank Provides SBA Loan to Buy Grape At The Forum the Franchise

Need a loan to invest in a Grape At The Forum the franchise? The Buckhead Community Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Grape At The Forum the franchise may simply require a phone call to a local SBA banker. In 2006, The Buckhead Community Bank issued an SBA franchise loan to an entrepreneur in Raleigh, North Carolina. Because Grape At The Forum the was registered with the SBA's registry of franchises, this North Carolina small business loan was issued on an expedited basis.

SBA Loan Borrower

GRAPE AT CAMERON VILLAGE
RALEIGH, NC 27605

SBA Loan Lender

THE BUCKHEAD COMMUNITY BANK
415 E PACES FERRY RD
ATLANTA, GA 30305

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

2/22/2006

Loan Approval Gross Amount

$664,900

Loan Approval from the SBA

Of the total $664,900 loan amount, the SBA guaranteed $498,675.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Grape At The Forum the franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Alternative Financing

SBA 7A Banks in Atlanta, Georgia

Getting an SBA Loan in Georgia