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

Need a loan to buy a Moe's Sw Grill franchise? Premier Bank has a history of making these loans and they are guaranteed by the SBA.

Moe's Sw Grill franchise loans are available to Tallahassee, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Premier Bank, based in Tallahassee, Florida, issued an SBA franchise loan for a Moe's Sw Grill franchise in 2002. We've got all the details on this Florida small business loan.

SBA Loan Borrower

MOE'S SOUTHWEST GRILL
TALLAHASSEE, FL 32312

SBA Loan Lender

PREMIER BANK
3110 CAPITAL CIRCLE NE
TALLAHASSEE, FL 32308

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

7/17/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 15 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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

Debt Financing

SBA Banks in Tallahassee, Florida

Getting a Business Loan in Florida