Borrow Money to Buy an Atlanta Bread Company Franchise

Need money to purchase an Atlanta Bread Company franchise? Natl Consumer Cooperative has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Sarasota, Florida needed money to invest in an Atlanta Bread Company franchise back in 2005. Natl Consumer Cooperative issued an SBA franchise loan. Here are the details on this Florida small business loan.

SBA Loan Borrower

ATLANTA BREAD COMPANY
SARASOTA, FL 34238

SBA Loan Lender

NATL CONSUMER COOPERATIVE
601 PENNSYLVANIA AVE, NW, STE
WASHINGTON, DC 20044

This business 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.

SIC Code

5461 - Retail Bakeries

NAICS Code

445291 - Baked Goods Stores

Loan Approval Date

9/27/2005

Loan Approval Gross Amount

$650,000

Loan Approval from the SBA

Of the total $650,000 loan amount, the SBA guaranteed $487,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Atlanta Bread Company franchise. At the time of the loan, the company had 45 employees. This SBA loan request did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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 Natl Consumer Cooperative 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:

Atlanta Bread Company

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Banks in Washington, District of Columbia

SBA Lenders in District of Columbia