Eagle Valley Bank Provides SBA Loan to Buy Samari Sams Teriyaki Grill Franchise

Borrowing money to invest in a Samari Sams Teriyaki Grill franchise? Eagle Valley Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Samari Sams Teriyaki Grill franchise? If so, here's a 2001 SBA franchise loan that you should know about. Eagle Valley Bank was the lender and the entrepreneur was based in St. Croix Falls, Wisconsin.

SBA Loan Borrower

SAMURAI SAM'S
ST. CROIX FALLS, WI 54024

SBA Loan Lender

EAGLE VALLEY BANK
102 N WASHINGTON
SAINT CROIX FALLS, WI 54024

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

4/3/2001

Loan Approval Gross Amount

$123,300

Loan Approval from the SBA

Of the total $123,300 loan amount, the SBA guaranteed $104,805.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Samari Sams Teriyaki Grill franchise. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Eagle Valley Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Eagle Valley Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Business Cash Advances

SBA Approved Banks in Saint Croix Falls, Wisconsin

Wisconsin SBA 7A Lenders