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November 14, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Hartford, Business Loans > Business Lenders, LLC Hartford Business Loans > Double D Foods, Inc. Loan | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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Business Lenders, LLC Provides SBA Loan to Buy New York Burrito Gourmet Wraps FranchiseBorrowing money to invest in a New York Burrito Gourmet Wraps franchise? Business Lenders, LLC has a history of making these loans and they are guaranteed by the SBA. If you live near South Plainfield, New Jersey and are interested in buying a New York Burrito Gourmet Wraps franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2000 by Business Lenders, LLC. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower DOUBLE D FOODS, INC. SBA Loan Lender BUSINESS LENDERS, LLC As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 8/18/2000 Loan Approval Gross Amount $116,000 Loan Approval from the SBA Of the total $116,000 loan amount, the SBA guaranteed $87,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a New York Burrito Gourmet Wraps franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 4 existing jobs. Next Steps for Getting an SBA Loan If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Business Lenders, LLC had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Business Lenders, LLC made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: New York Burrito-Gourmet Wraps Find an SBA Lender in Hartford, Connecticut Find an SBA Lender in Connecticut
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