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December 22, 2024  
 
 
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Raising Money in Summerville, South Carolina With SBA Loans

 

 
Loan Census SBA Loan Info

Summerville, SC Entrepreneur Gets SBA Loan to Buy Atlanta Bread Company Franchise

Need a loan to purchase an Atlanta Bread Company franchise? Branch Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Atlanta Bread Company franchise is doable. In 2004, Branch Bank & Trust issued an SBA franchise loan to an entrepreneur in Summerville, South Carolina. Because Atlanta Bread Company was registered with the SBA's registry of franchises, this South Carolina small business loan was issued on an expedited basis.

SBA Loan Borrower

WILDWOOD STATION LLC
SUMMERVILLE, SC 29483

SBA Loan Lender

BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/20/2004

Loan Approval Gross Amount

$244,000

Loan Approval from the SBA

Of the total $244,000 loan amount, the SBA guaranteed $122,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Atlanta Bread Company franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the borrowed money would help generate 40 new jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $244,000. How would you spend $244,000 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.

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