Loan to Buy Moe's Sw Grill Franchise Issued By Banco Popular North America
Need a loan to invest in a Moe's Sw Grill franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.
If you live near West Hartford (town Of), Connecticut and are interested in buying a Moe's Sw Grill franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Banco Popular North America. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
MOE'S SOUTHWEST GRILL
WEST HARTFORD (TOWN OF), CT 06107
SBA Loan Lender
BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019
This lender provides SBA debt financing 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
722211 - Limited-Service Restaurants
Loan Approval Date
12/20/2007
Loan Approval Gross Amount
$679,100
Loan Approval from the SBA
Of the total $679,100 loan amount, the SBA guaranteed $509,325.
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 2 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
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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