Loan to Buy Atlanta Bread Company Franchise Issued By Comerica Bank

Borrowing money to buy an Atlanta Bread Company franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Atlanta Bread Company franchise shouldn't be overly burdensome. In 2001, Comerica Bank issued an SBA franchise loan to an entrepreneur in Thornton, Colorado. Because Atlanta Bread Company was registered with the SBA's registry of franchises, this Colorado small business loan was issued on an expedited basis.

SBA Loan Borrower

ATLANTA BREAD COMPANY
THORNTON, CO 80241

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/20/2001

Loan Approval Gross Amount

$562,900

Loan Approval from the SBA

Of the total $562,900 loan amount, the SBA guaranteed $422,175.

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 2 employees. The SBA loan documents indicated that the loan would help generate 50 new jobs and retain 2 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.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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