Loan to Buy Moe's Sw Grill Franchise Issued By Ncb, Fsb
Need money to invest in a Moe's Sw Grill franchise? Ncb, Fsb has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Moe's Sw Grill franchise is doable. In 2006, Ncb, Fsb issued an SBA franchise loan to an entrepreneur in Rehoboth Beach, Delaware. Because Moe's Sw Grill was registered with the SBA's registry of franchises, this Delaware small business loan was issued on an expedited basis.
SBA Loan Borrower
MOE'S SOUTHWEST GRILL
REHOBOTH BEACH, DE 19971
SBA Loan Lender
NCB, FSB
139 S HIGH ST
HILLSBORO, OH 45133
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
5/11/2006
Loan Approval Gross Amount
$400,000
Loan Approval from the SBA
Of the total $400,000 loan amount, the SBA guaranteed $300,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Moe's Sw Grill franchise. At the time of the loan, the company
had 25 employees. The loan application indicated that the loan would help generate 22 new jobs and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? 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:
Moe's Southwest Grill
Role of Business Plan When Raising Money
Find an SBA Lender in Hillsboro, Ohio
Ohio SBA 7A Lenders