Borrow Money to Buy a Beef O'Brady's Franchise

Need a loan to purchase a Beef O'Brady's franchise? Orlando National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Beef O'Brady's franchise? If so, here's a 2001 SBA franchise loan that you should know about. Orlando National Bank was the lender and the entrepreneur was based in Sanford, Florida.

SBA Loan Borrower

BEEF O'BRADY'S OF DELTONA
SANFORD, FL 32771

SBA Loan Lender

ORLANDO NATIONAL BANK
502 N HWY 17-92
LONGWOOD, FL 32750

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

5/22/2001

Loan Approval Gross Amount

$244,000

Loan Approval from the SBA

Of the total $244,000 loan amount, the SBA guaranteed $183,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Beef O'Brady's franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help create 20 new jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Sanford FL, you ought to talk with a local Sanford SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sanford businesses.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Orlando National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Beef O'Brady's Family Sports Pubs

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SBA Banks in Longwood, Florida

Getting an SBA Loan in Florida