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November 15, 2024  
 
 
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Where to Get a Business Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Winter Haven, FL Entrepreneur Gets SBA Loan to Buy Tijuana Flats Burrito Franchise

Need money to buy a Tijuana Flats Burrito franchise? First Comm. Bank - Florida has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Tijuana Flats Burrito franchise shouldn't be overly burdensome. In 2007, First Comm. Bank - Florida issued an SBA franchise loan to an entrepreneur in Winter Haven, Florida. Because Tijuana Flats Burrito was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

TIJUANA FLATS BURRITO COMPANY
WINTER HAVEN, FL 33880

SBA Loan Lender

FIRST COMM. BANK - FLORIDA
945 S ORANGE AVE
ORLANDO, FL 32806

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

9/11/2007

Loan Approval Gross Amount

$343,500

Loan Approval from the SBA

Of the total $343,500 loan amount, the SBA guaranteed $257,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Tijuana Flats Burrito franchise. At the time of the loan, the company had 30 employees. The loan application indicated that the funding would help create 30 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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