Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Business Lenders, LLC SBA 7A Franchise Loans

 

 
Loan Census SBA Loan Info

Business Lenders, LLC Provides SBA Loan to Buy Firkin Pubs Franchise

Borrowing money to purchase a Firkin Pubs franchise? Business Lenders, LLC has a history of making these loans and they are guaranteed by the SBA.

If you live near Tracy, California and are interested in buying a Firkin Pubs franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Business Lenders, LLC. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

FIRKIN AND BEAVER RESTAURANT
TRACY, CA 95304

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

7/12/2007

Loan Approval Gross Amount

$485,000

Loan Approval from the SBA

Of the total $485,000 loan amount, the SBA guaranteed $363,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Firkin Pubs franchise. At the time of the loan, the company had 35 employees. This SBA loan request indicated that the loan would help generate 31 new jobs and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $485,000 loan. Remember, where there is a will, there is a way!

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:

Direct Public Offerings

Small Bank Loans in Hartford, Connecticut

Getting an SBA Loan in Connecticut