Borrow Money to Buy a Moe's Sw Grill Franchise
Need money to invest in a Moe's Sw Grill franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Warner Robins, Georgia needed money to invest in a Moe's Sw Grill franchise back in 2004. Comerica Bank issued an SBA franchise loan. Here are the details on this Georgia small business loan.
SBA Loan Borrower
MOE'S SOUTHWEST GRILL
WARNER ROBINS, GA 31093
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
12/15/2004
Loan Approval Gross Amount
$275,000
Loan Approval from the SBA
Of the total $275,000 loan amount, the SBA guaranteed $206,250.
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 loan application indicated that the loan would help generate 5 new jobs and retain 20 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We can help you find the best banks for small businesses in Warner Robins or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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
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SBA 7A Banks in Dallas, Texas
Texas SBA 7A Lenders