Fishers, IN Entrepreneur Gets SBA Loan to Buy Camille's Sidewalk Cafe Franchise

Need money to buy a Camille's Sidewalk Cafe franchise? Indiana Business Bank has a history of making these loans and they are guaranteed by the SBA.

Camille's Sidewalk Cafe franchise loans are available to Fishers, Indiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Indiana Business Bank, based in Indianapolis, Indiana, issued an SBA franchise loan for a Camille's Sidewalk Cafe franchise in 2005. We've got all the details on this Indiana small business loan.

SBA Loan Borrower

CAMILLE'S OF FISHERS, LLC
FISHERS, IN 46038

SBA Loan Lender

INDIANA BUSINESS BANK
250 E 96TH ST, STE 100
INDIANAPOLIS, IN 46240

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

11/18/2005

Loan Approval Gross Amount

$215,000

Loan Approval from the SBA

Of the total $215,000 loan amount, the SBA guaranteed $161,250.

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 20 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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

Business Incubators

SBA Approved Banks in Indianapolis, Indiana

Getting an SBA Loan in Indiana