Borrow Money to Buy a Cluck-U-Chicken Franchise

Need money to purchase a Cluck-U-Chicken franchise? Provident Bank Of Maryland has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Cluck-U-Chicken franchise? If so, here's a 2007 SBA franchise loan that you should know about. Provident Bank Of Maryland was the lender and the entrepreneur was based in Towson, Maryland.

SBA Loan Borrower

WESTOVER FINANCIAL SOLUTIONS, LLC
TOWSON, MD 21204

SBA Loan Lender

PROVIDENT BANK OF MARYLAND
114 E LEXINGTON ST
BALTIMORE, MD 21202

The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

7/19/2007

Loan Approval Gross Amount

$109,000

Loan Approval from the SBA

Of the total $109,000 loan amount, the SBA guaranteed $54,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Cluck-U-Chicken franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Cluck-U Chicken

Angel Investors

SBA 7A Banks for Baltimore, Maryland Loans

Getting a Business Loan in Maryland