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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Winter Garden, Business Loans > Bankfirst Winter Garden Business Loans > Honey Baked Ham Loan | ||||
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Bankfirst Franchise Business Loans
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Bankfirst Provides SBA Loan to Buy The Honey Baked Ham Co. And Cafe FranchiseBorrowing money to invest in a Honey Baked Ham Co. And Cafe franchise? Bankfirst has a history of making these loans and they are guaranteed by the SBA. If you live near Sanford, Florida and are interested in buying a The Honey Baked Ham Co. And Cafe franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Bankfirst. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower HONEY BAKED HAM SBA Loan Lender BANKFIRST This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445210 - Meat Markets Loan Approval Date 12/31/2003 Loan Approval Gross Amount $256,000 Loan Approval from the SBA Of the total $256,000 loan amount, the SBA guaranteed $192,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a The Honey Baked Ham Co. And Cafe franchise. At the time of the loan, the company had 12 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $256,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: The HoneyBaked Ham Co. and Cafe Best Winter Garden, Florida Banks for Small Business Getting an SBA Loan in Florida
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