Sarasota, FL Entrepreneur Gets SBA Loan to Buy Arby's Franchise

Need a loan to purchase an Arby's franchise? Irwin Franchise Cap. Corp has a history of making these loans and they are guaranteed by the SBA.

Arby's franchise loans are available to Sarasota, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Irwin Franchise Cap. Corp, based in Montvale, New Jersey, issued an SBA franchise loan for an Arby's franchise in 2006. We've got all the details on this Florida small business loan.

SBA Loan Borrower

ARBY'S
SARASOTA, FL 34233

SBA Loan Lender

IRWIN FRANCHISE CAP. CORP
10 PARAGON DR
MONTVALE, NJ 07645

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/23/2006

Loan Approval Gross Amount

$230,000

Loan Approval from the SBA

Of the total $230,000 loan amount, the SBA guaranteed $115,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Arby's franchise. At the time of the loan, the company had 30 employees. The SBA loan documents indicated that the loan would help generate 15 new jobs and retain 30 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Irwin Franchise Cap. Corp and they will explain how you can get an SBA loan for your company.

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:

Arby's, LLC

Small Business Credit Cards

Small Bank Loans in Montvale, New Jersey

SBA New Jersey Lenders