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November 21, 2024  
 
 
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Loan Census SBA Loan Info

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