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November 14, 2024  
 
 
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New York Entrepreneur Secures Financing to Buy Atlanta Bread Company Franchise

Borrowing money to invest in an Atlanta Bread Company franchise? Textron Business Credit, Inc. has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Atlanta Bread Company franchise? If so, here's a 2001 SBA franchise loan that you should know about. Textron Business Credit, Inc. was the lender and the entrepreneur was based in Rochester, New York.

SBA Loan Borrower

ATLANTA BREAD COMPANY
ROCHESTER, NY 14618

SBA Loan Lender

TEXTRON BUSINESS CREDIT, INC.
40 WESTMINISTER ST
PROVIDENCE, RI 02903

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311811 - Retail Bakeries

Loan Approval Date

5/23/2001

Loan Approval Gross Amount

$550,000

Loan Approval from the SBA

Of the total $550,000 loan amount, the SBA guaranteed $412,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Atlanta Bread Company franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 35 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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