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April 28, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Togo's Eatery Loan | ||||
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Raising Money in Los Altos, California With SBA Loans
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Borrow Money to Buy a Togo's Eatery FranchiseNeed money to purchase a Togo's Eatery franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Los Altos, California needed money to invest in a Togo's Eatery franchise back in 2003. Comerica Bank issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower TOGO'S EATERY SBA Loan Lender COMERICA BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 5/2/2003 Loan Approval Gross Amount $264,500 Loan Approval from the SBA Of the total $264,500 loan amount, the SBA guaranteed $198,375. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Togo's Eatery franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 12 new jobs and retain 12 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $264,500 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: SBA Participating Banks in Texas
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