Indianapolis, IN Entrepreneur Gets SBA Loan to Buy Charley's Grilled Subs Franchise

Borrowing money to invest in a Charley's Grilled Subs franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Indianapolis, Indiana needed money to invest in a Charley's Grilled Subs franchise back in 2001. Wells Fargo Bank issued an SBA franchise loan. Here are the details on this Indiana small business loan.

SBA Loan Borrower

CHARLEY'S STEAKERY
INDIANAPOLIS, IN 46241

SBA Loan Lender

WELLS FARGO BANK
2329 CENTRAL AVE NE
MINNEAPOLIS, MN 55418

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/18/2001

Loan Approval Gross Amount

$318,500

Loan Approval from the SBA

Of the total $318,500 loan amount, the SBA guaranteed $238,875.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Charley's Grilled Subs franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in Indianapolis IN, you ought to talk with a local Indianapolis SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Indianapolis businesses.

This SBA loan was for $318,500. How would you spend $318,500 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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