Borrow Money to Buy a Cheezteak Company Franchise

Borrowing money to buy a Cheezteak Company franchise? Bank Of Blue Valley has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Cheezteak Company franchise shouldn't be overly burdensome. In 2003, Bank Of Blue Valley issued an SBA franchise loan to an entrepreneur in Liberty, Missouri. Because Cheezteak Company was registered with the SBA's registry of franchises, this Missouri small business loan was issued on an expedited basis.

SBA Loan Borrower

CHEEZTEAK COMPANY
LIBERTY, MO 66225

SBA Loan Lender

BANK OF BLUE VALLEY
11935 RILEY ST
OVERLAND PARK, KS 66213

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/6/2003

Loan Approval Gross Amount

$143,500

Loan Approval from the SBA

Of the total $143,500 loan amount, the SBA guaranteed $121,975.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cheezteak Company franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

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