Stockbridge, GA Entrepreneur Gets SBA Loan to Buy Blimpie Franchise
Need a loan to purchase a Blimpie franchise? Haven Trust Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Blimpie franchise is doable. In 2006, Haven Trust Bank issued an SBA franchise loan to an entrepreneur in Stockbridge, Georgia. Because Blimpie was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.
SBA Loan Borrower
BLIMPIES SUB AND SALADS
STOCKBRIDGE, GA 30281
SBA Loan Lender
HAVEN TRUST BANK
6340 SUGARLOAF PKWY, STE 100
DULUTH, GA 30097
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
722211 - Limited-Service Restaurants
Loan Approval Date
5/12/2006
Loan Approval Gross Amount
$483,700
Loan Approval from the SBA
Of the total $483,700 loan amount, the SBA guaranteed $362,775.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Blimpie franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 1 existing job.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $483,700 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Blimpie Subs & Salads
Raising VC Money for Social Networking Companies
Best Duluth, Georgia Banks for Small Business
Where to Get an SBA Loan Georgia