Borrow Money to Buy a Five Guys Famous Burgers And Fries Franchise

Need money to buy a Five Guys Famous Burgers And Fries franchise? Branch Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Five Guys Famous Burgers And Fries franchise may simply require a phone call to a local SBA banker. In 2006, Branch Bank & Trust issued an SBA franchise loan to an entrepreneur in Woodstock, Georgia. Because Five Guys Famous Burgers And Fries was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.

SBA Loan Borrower

MTN TOWNE LAKE, LLC
Woodstock, GA 30189

SBA Loan Lender

BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

12/19/2006

Loan Approval Gross Amount

$376,500

Loan Approval from the SBA

Of the total $376,500 loan amount, the SBA guaranteed $282,375.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Five Guys Famous Burgers And Fries franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 30 existing jobs.

Getting an SBA Loan For Your Business

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

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Branch Bank & Trust so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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