Florida Entrepreneur Secures Financing to Buy R.J. Gators Franchise

Need a loan to purchase a R.J. Gators franchise? Comerica Bank-Texas has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a R.J. Gators franchise? If so, here's a 2003 SBA franchise loan that you should know about. Comerica Bank-Texas was the lender and the entrepreneur was based in Sebring, Florida.

SBA Loan Borrower

RJ GATORS
SEBRING, FL 33870

SBA Loan Lender

COMERICA BANK-TEXAS
1508 W MOCKINGBIRD LN
DALLAS, TX 75235

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

11/7/2003

Loan Approval Gross Amount

$490,000

Loan Approval from the SBA

Of the total $490,000 loan amount, the SBA guaranteed $367,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a R.J. Gators franchise. At the time of the loan, the company had 15 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $490,000. How would you spend $490,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

R.J. Gator

Obtaining Funding - How to Decide How Much to Raise

SBA Approved Banks in Dallas, Texas

Texas SBA 7A Lenders