California Entrepreneur Secures Financing to Buy Togo's Eatery Franchise
Need money to purchase a Togo's Eatery franchise? Premier Service Bank has a history of making these loans and they are guaranteed by the SBA.
Togo's Eatery franchise loans are available to Anaheim, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Premier Service Bank, based in Riverside, California, issued an SBA franchise loan for a Togo's Eatery franchise in 2007. We've got all the details on this California small business loan.
SBA Loan Borrower
TOGO'S EATERY
ANAHEIM, CA 92807
SBA Loan Lender
PREMIER SERVICE BANK
3637 ARLINGTON AVE, STE B
RIVERSIDE, CA 92506
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
9/13/2007
Loan Approval Gross Amount
$350,000
Loan Approval from the SBA
Of the total $350,000 loan amount, the SBA guaranteed $262,500.
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 20 employees. The loan application indicated that the loan would help generate 20 new jobs.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
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:
Togo's Eatery
Getting a Small Business Loan
SBA Approved Banks in Riverside, California
SBA Participating Banks in California