Aurora, CO Entrepreneur Gets SBA Loan to Buy Camille's Sidewalk Cafe Franchise
Need a loan to buy a Camille's Sidewalk Cafe franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Aurora, Colorado needed money to invest in a Camille's Sidewalk Cafe franchise back in 2003. Community W. Bank issued an SBA franchise loan. Here are the details on this Colorado small business loan.
SBA Loan Borrower
CAMILLE'S OF COLORADO
AURORA, CO 80016
SBA Loan Lender
COMMUNITY W. BANK
445 PINE AVE
GOLETA, CA 93117
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
9/2/2003
Loan Approval Gross Amount
$495,000
Loan Approval from the SBA
Of the total $495,000 loan amount, the SBA guaranteed $371,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Camille's Sidewalk Cafe franchise. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $495,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Camille's Sidewalk Cafe
Understanding Dilution
SBA 7A Lenders in Goleta, California
California SBA 7A Banks