Newtek Small Business Finance Inc. Provides SBA Loan to Buy Nestle Toll House Cafe Franchise
Need a loan to purchase a Nestle Toll House Cafe franchise? Newtek Small Business Finance Inc. has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Nestle Toll House Cafe franchise? If so, here's a 2007 SBA franchise loan that you should know about. Newtek Small Business Finance Inc. was the lender and the entrepreneur was based in Stephens City, Virginia.
SBA Loan Borrower
NESTLE TOLL HOUSE CAFE BY CHIP
STEPHENS CITY, VA 22406
SBA Loan Lender
NEWTEK SMALL BUSINESS FINANCE INC.
1440 BROADWAY, 17TH FL.
NEW YORK, NY 10018
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445299 - Specialty Food Stores
Loan Approval Date
7/12/2007
Loan Approval Gross Amount
$222,500
Loan Approval from the SBA
Of the total $222,500 loan amount, the SBA guaranteed $166,875.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Nestle Toll House Cafe franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $222,500 loan. Remember, things become real when you believe you can achieve them!
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:
Nestle Toll House Cafe by Chip
Strategic Investors
Where to Get an SBA Loan in New York, New York
New York SBA Bank Lenders