Loan to Buy Nature's Table Franchise Issued By First Comm. Bank - Florida
Need money to buy a Nature's Table franchise? First Comm. Bank - Florida has a history of making these loans and they are guaranteed by the SBA.
If you live near Saint Cloud, Florida and are interested in buying a Nature's Table franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by First Comm. Bank - Florida. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
NATURE'S TABLE CAFE
SAINT CLOUD, FL 34771
SBA Loan Lender
FIRST COMM. BANK - FLORIDA
3505 W LAKE MARY BLVD
LAKE MARY, FL 32746
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA small business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
8/10/2006
Loan Approval Gross Amount
$291,000
Loan Approval from the SBA
Of the total $291,000 loan amount, the SBA guaranteed $218,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Nature's Table franchise. At the time of the loan, the company
had 15 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
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.
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:
Nature's Table Café
The Art of Bootstrapping
Find an SBA Lender in Lake Mary, Florida
Florida SBA Banks