Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

I Need an SBA Loan to Buy a Franchise in Roy, Utah

 

 
Loan Census SBA Loan Info

Roy, UT Entrepreneur Gets SBA Loan to Buy Charley's Steakery Fresh Grilled Sub Franchise

Need money to buy a Charley's Steakery Fresh Grilled Sub franchise? Goldenwest Fcu has a history of making these loans and they are guaranteed by the SBA.

If you live near Roy, Utah and are interested in buying a Charley's Steakery Fresh Grilled Sub franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2008 by Goldenwest Fcu. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

JESSI TAYLOR, INC. DBA CHARLEY'S STEAKERY
ROY, UT 84067

SBA Loan Lender

GOLDENWEST FCU
5025 ADAMS AVE
OGDEN, UT 84403

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/28/2008

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Charley's Steakery Fresh Grilled Sub franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Alternative Financing

Small Business Banks in Ogden, Utah

Where to Get an SBA Loan Utah