Loan Census Banking News and Information
December 29, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Suwanee, Georgia

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Beef O'Brady's Franchise

Need a loan to invest in a Beef O'Brady's franchise? Bank Of North Georgia has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Suwanee, Georgia needed money to invest in a Beef O'Brady's franchise back in 2004. Bank Of North Georgia issued an SBA franchise loan. Here are the details on this Georgia small business loan.

SBA Loan Borrower

BEEF 'O' BRADY'S
SUWANEE, GA 30024

SBA Loan Lender

BANK OF NORTH GEORGIA
8025 WESTSIDE PKWY
ALPHARETTA, GA 30004

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

3/31/2004

Loan Approval Gross Amount

$240,000

Loan Approval from the SBA

Of the total $240,000 loan amount, the SBA guaranteed $180,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Beef O'Brady's franchise. At the time of the loan, the company had 30 employees. This SBA loan request did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This SBA loan was for $240,000. How would you spend $240,000 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:

Beef O'Brady's Family Sports Pubs

Borrowing Money from Friends and Family

Small Bank Loans in Alpharetta, Georgia

Getting an SBA Loan in Georgia