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October 17, 2021  
 
 
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I Need a Small Business Loan to Buy a Franchise in Madison, Alabama

 

 
Loan Census SBA Loan Info

Loan to Buy Charley's Grilled Subs Franchise Issued By Comerica Bank

Need a loan to purchase a Charley's Grilled Subs franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Madison, Alabama needed money to invest in a Charley's Grilled Subs franchise back in 2003. Comerica Bank issued an SBA franchise loan. Here are the details on this Alabama small business loan.

SBA Loan Borrower

CHARLEY'S STEAKERY FRESH
MADISON, AL 35758

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This lender provides SBA commercial 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

722110 - Full-Service Restaurants

Loan Approval Date

8/6/2003

Loan Approval Gross Amount

$280,500

Loan Approval from the SBA

Of the total $280,500 loan amount, the SBA guaranteed $210,375.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Charley's Grilled Subs franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 12 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

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