SBA Loans

[Mega]

Is anyone here familiar or knows someone who went through the process of obtaining a loan aia the SBA?
I am in the process of scouting a Pepperidge Farm Bread/Snack route for purchase.

 

[Mega]

I am meeting with a SBA loan mentor later this week. Hopefully they can guide me through this process.

On another note I was fortunate to find someone who owns a Pepperridge Farm Bread route .

He allowed me to tag along on one of his daily route runs. i got to admit owning and running a route is hard.

But the money you make is crazy. Pepperidge Farm pays you 20% of what you sell. this dude week average volume 9k.

Do the math. 9k x 20%=$1,800 wkly.
He is pulling in 7,200 monthly. Of course you got to deduct expense such as gas, loan payments for your truck and route. But Like I said hard work but good pay.

I recommend ya'll to take a look into it.

 

[Amerikan Melanin]

@Mega what happened with the loan? Did you get it?

 

[Mega]

@Mega what happened with the loan? Did you get it?

My fault on the late reply. I went into the trucking space. More specifically dump truck. Went with traditional financing via the dealership.