Loan to Buy Kentucky Fried Chicken Franchise Issued By Bank Of America

Need a loan to purchase a Kentucky Fried Chicken franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Kentucky Fried Chicken franchise may simply require a phone call to a local SBA banker. In 2000, Bank Of America issued an SBA franchise loan to an entrepreneur in Warner Robins, Georgia. Because Kentucky Fried Chicken was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.

SBA Loan Borrower

T J & SON FOODS INC
WARNER ROBINS, GA 31093

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

The lender provided this 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.

SIC Code

5812 - Eating Places

Loan Approval Date

10/2/2000

Loan Approval Gross Amount

$26,800

Loan Approval from the SBA

Of the total $26,800 loan amount, the SBA guaranteed $13,400.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Kentucky Fried Chicken franchise. At the time of the loan, the company had 60 employees. The SBA loan application for the borrower indicated that the loan would help retain 60 existing jobs.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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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