Loan to Buy Steak-Out Franchise Issued By Temecula Valley Bank

Need money to invest in a Steak-Out franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.

Steak-Out franchise loans are available to Charlotte, North Carolina entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Temecula Valley Bank, based in Temecula, California, issued an SBA franchise loan for a Steak-Out franchise in 2002. We've got all the details on this North Carolina small business loan.

SBA Loan Borrower

STEAK OUT CHAR BROILED DELIVER
CHARLOTTE, NC 28209

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

12/19/2002

Loan Approval Gross Amount

$260,000

Loan Approval from the SBA

Of the total $260,000 loan amount, the SBA guaranteed $195,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Steak-Out franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 10 new jobs and retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $260,000 loan. Remember, anyone can do it... so why not you?

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:

Steak-Out Franchising, Inc.

Business Cash Advances

Banks in Temecula, California

SBA Lenders in California