Loan to Buy Del Taco Franchise Issued By Keybank National Association
Borrowing money to invest in a Del Taco franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Del Taco franchise? If so, here's a 2001 SBA franchise loan that you should know about. Keybank National Association was the lender and the entrepreneur was based in Salt Lake City, Utah.
SBA Loan Borrower
DEL TACO
SALT LAKE CITY, UT 84109
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
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
722310 - Food Service Contractors
Loan Approval Date
10/17/2001
Loan Approval Gross Amount
$298,000
Loan Approval from the SBA
Of the total $298,000 loan amount, the SBA guaranteed $223,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Del Taco franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help generate 49 new jobs and retain 2 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Keybank National Association are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
Del Taco
A Company That Helps Entrepreneurs
Small Business Banks in Cleveland, Ohio
Ohio SBA Banks