Borrow Money to Buy a Kyoto Bowl Franchise
Borrowing money to purchase a Kyoto Bowl franchise? Union Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Scottsdale, Arizona needed money to invest in a Kyoto Bowl franchise back in 2001. Union Bank issued an SBA franchise loan. Here are the details on this Arizona small business loan.
SBA Loan Borrower
KYOTO BOWL
SCOTTSDALE, AZ 85255
SBA Loan Lender
UNION BANK
3631 E BASELINE RD
GILBERT, AZ 85234
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
6/13/2001
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $42,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Kyoto Bowl franchise. At the time of the loan, the company
had 15 employees. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new 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 Union 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.
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