Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Where Can I Find Franchise Loans in Scottsdale, Arizona?

 

 
Loan Census SBA Loan Info

Loan to Buy Kyoto Bowl Franchise Issued By Stearns Bank Arizona

Need money to invest in a Kyoto Bowl franchise? Stearns Bank Arizona has a history of making these loans and they are guaranteed by the SBA.

If you live near Scottsdale, Arizona and are interested in buying a Kyoto Bowl franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Stearns Bank Arizona. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

KYOTO BOWL
SCOTTSDALE, AZ 85255

SBA Loan Lender

STEARNS BANK ARIZONA
9225 E SHEA BLVD
SCOTTSDALE, AZ 85260

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

10/24/2001

Loan Approval Gross Amount

$365,000

Loan Approval from the SBA

Of the total $365,000 loan amount, the SBA guaranteed $273,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Kyoto Bowl franchise. At the time of the loan, the company had 25 employees. The loan application indicated that the funding would help generate 25 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Role of Business Plan When Raising Money

SBA Participating Banks in Scottsdale, Arizona

SBA Arizona Lenders