Does the Augusta Lawn Care Franchise Agreement include an SBA Addendum?
Augusta_Lawn_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 22: CONTRACTS]
ITEM 22 CONTRACTS
A copy of the Augusta Lawn Care Franchise Agreement is included as Exhibit A to this Franchise Disclosure Document, and includes the following exhibits:
The Franchise Agreement and the following exhibits:
Exhibit A – Franchise Data Sheet Exhibit B – Statement of Ownership Exhibit C – Principal Owner's Guaranty Exhibit D – Sample Release Agreement, Waiver and Release of Claims Exhibit E – Nondisclosure, Nonsolicitation and Noncompetition Agreement Exhibit F – Sample Confidentiality Agreement
Exhibit G – Sample Approval of Requested Assignment
Exhibit H – SBA Addendum
Source: Item 22 — CONTRACTS (FDD pages 43–44)
What This Means (2025 FDD)
Yes, according to Augusta Lawn Care's 2025 Franchise Disclosure Document, the Franchise Agreement does include an SBA Addendum. Specifically, Exhibit H to the Augusta Lawn Care Franchise Agreement is the SBA Addendum.
An SBA Addendum is a standardized document used when a franchisee seeks financing from the Small Business Administration (SBA) to fund their franchise purchase. This addendum ensures that the franchise agreement aligns with SBA loan requirements, protecting both the franchisee and the lender.
Prospective Augusta Lawn Care franchisees should review Exhibit H carefully with their legal and financial advisors to understand how it modifies the standard franchise agreement in the context of SBA financing. This is a common practice in franchising to facilitate access to capital for new franchisees.