Innovative Bank Provides SBA Loan to Buy Charley's Steakery Fresh Grilled Sub Franchise

Need a loan to purchase a Charley's Steakery Fresh Grilled Sub franchise? Innovative Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Charley's Steakery Fresh Grilled Sub franchise shouldn't be overly burdensome. In 2007, Innovative Bank issued an SBA franchise loan to an entrepreneur in Danbury, Connecticut. Because Charley's Steakery Fresh Grilled Sub was registered with the SBA's registry of franchises, this Connecticut small business loan was issued on an expedited basis.

SBA Loan Borrower

CHARLEY'S GRILLED SUB
DANBURY, CT 06811

SBA Loan Lender

INNOVATIVE BANK
360 14TH ST
OAKLAND, CA 94612

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 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

8/23/2007

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $21,250.

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 5 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs.

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

If you are working on finding money to start a business in Danbury CT, you ought to talk with a local Danbury SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Danbury businesses.

This SBA loan was for $25,000. How would you spend $25,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

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