Agoura Hills, CA Entrepreneur Gets SBA Loan to Buy Bruegger Bagels Franchise

Need a loan to buy a Bruegger Bagels franchise? Telesis Community Cu has a history of making these loans and they are guaranteed by the SBA.

Bruegger Bagels franchise loans are available to Agoura Hills, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Telesis Community Cu, based in Chatsworth, California, issued an SBA franchise loan for a Bruegger Bagels franchise in 2008. We've got all the details on this California small business loan.

SBA Loan Borrower

ROLLING BAGEL, INC. DBA BRUEGGER'S
AGOURA HILLS, CA 91301

SBA Loan Lender

TELESIS COMMUNITY CU
9301 WINNETKA AVE
CHATSWORTH, CA 91311

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

1/7/2008

Loan Approval Gross Amount

$352,000

Loan Approval from the SBA

Of the total $352,000 loan amount, the SBA guaranteed $264,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Bruegger Bagels franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Telesis Community Cu are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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.

Related Links:

Bruegger's Franchise Corporation

Accountant's Role in Securing Financing

Good Banks for Small Business in Chatsworth, California

California SBA Bank Lenders