America West Bank Provides SBA Loan to Buy Charley's Grilled Subs Franchise

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

Charley's Grilled Subs franchise loans are available to Roy, Utah entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, America West Bank, based in Layton, Utah, issued an SBA franchise loan for a Charley's Grilled Subs franchise in 2001. We've got all the details on this Utah small business loan.

SBA Loan Borrower

CHARLEY'S STEAKERY
ROY, UT 84067

SBA Loan Lender

AMERICA WEST BANK
476 W HERITAGE PARK BLVD, STE
LAYTON, UT 84041

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

8/23/2001

Loan Approval Gross Amount

$172,000

Loan Approval from the SBA

Of the total $172,000 loan amount, the SBA guaranteed $127,498.

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 8 employees. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Charley's Grilled Subs

Microlending as a Small Business Funding Source

SBA Participating Banks in Layton, Utah

Getting an SBA Loan in Utah