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November 21, 2024  
 
 
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Cit Small Business Lending Corp Provides SBA Loan to Buy Charley's Grilled Subs Franchise

Need money to buy a Charley's Grilled Subs franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Omaha, Nebraska needed money to invest in a Charley's Grilled Subs franchise back in 2005. Cit Small Business Lending Corp issued an SBA franchise loan. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

CHARLEY'S STEAKERY
OMAHA, NE 68132

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

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

3/24/2005

Loan Approval Gross Amount

$317,500

Loan Approval from the SBA

Of the total $317,500 loan amount, the SBA guaranteed $238,125.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Charley's Grilled Subs franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the funding would help generate 10 new jobs.

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

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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