United Commercial Bank Provides SBA Loan to Buy Moe's Sw Grill Franchise

Need money to purchase a Moe's Sw Grill franchise? United Commercial Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Moe's Sw Grill franchise shouldn't be overly burdensome. In 2002, United Commercial Bank issued an SBA franchise loan to an entrepreneur in Suwanee, Georgia. Because Moe's Sw Grill was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.

SBA Loan Borrower

MOE'S RESTAURANT - SUWANEE
SUWANEE, GA 30024

SBA Loan Lender

UNITED COMMERCIAL BANK
4360 CHAMBLEE-DUNWOODY RD
ATLANTA, GA 30341

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

6/25/2002

Loan Approval Gross Amount

$165,300

Loan Approval from the SBA

Of the total $165,300 loan amount, the SBA guaranteed $123,975.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Moe's Sw Grill franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 5 new jobs and retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This SBA loan was for $165,300. How would you spend $165,300 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:

Moe's Southwest Grill

Attracting Investors

Best Banks in Atlanta, Georgia

Georgia SBA Banks