Loan to Buy Moe's Sw Grill Franchise Issued By Community Bank Of Manatee
Need a loan to purchase a Moe's Sw Grill franchise? Community Bank Of Manatee has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Moe's Sw Grill franchise? If so, here's a 2002 SBA franchise loan that you should know about. Community Bank Of Manatee was the lender and the entrepreneur was based in Tampa, Florida.
SBA Loan Borrower
MOE'S SOUTHWEST GRILL
TAMPA, FL 33607
SBA Loan Lender
COMMUNITY BANK OF MANATEE
6000 SR 70 EAST
BRADENTON, FL 34203
This debt financing 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.
SIC Code
5812 - Eating Places
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
9/23/2002
Loan Approval Gross Amount
$220,000
Loan Approval from the SBA
Of the total $220,000 loan amount, the SBA guaranteed $165,000.
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 14 employees. The loan application did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
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.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Community Bank Of Manatee that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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
Obtaining Funding - How to Borrow Money
Good Banks for Small Business in Bradenton, Florida
SBA Lenders in Florida