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November 15, 2024  
 
 
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Raising Money in Wilmington, Ohio With SBA Loans

 

 
Loan Census SBA Loan Info

Ohio Entrepreneur Secures Financing to Buy Qdoba Mexican Grill Franchise

Need a loan to purchase a Qdoba Mexican Grill franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Qdoba Mexican Grill franchise loans are available to Wilmington, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Jpmorgan Chase Bank, based in Houston, Texas, issued an SBA franchise loan for a Qdoba Mexican Grill franchise in 2007. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

TM ARLINGTON POINTE, LLC
WILMINGTON, OH 45177

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

The lender provided this commercial 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

722110 - Full-Service Restaurants

Loan Approval Date

8/14/2007

Loan Approval Gross Amount

$298,300

Loan Approval from the SBA

Of the total $298,300 loan amount, the SBA guaranteed $149,150.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Qdoba Mexican Grill franchise. At the time of the loan, the company had 30 employees. The loan application indicated that the loan would help generate 15 new jobs and retain 45 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Jpmorgan Chase Bank and they will explain how you can get an SBA loan for your company.

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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