Orange Park, FL Entrepreneur Gets SBA Loan to Buy Charley's Grilled Subs Franchise

Need money to buy a Charley's Grilled Subs franchise? First Fed. Bank - No. Florida has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Charley's Grilled Subs franchise shouldn't be overly burdensome. In 2004, First Fed. Bank - No. Florida issued an SBA franchise loan to an entrepreneur in Orange Park, Florida. Because Charley's Grilled Subs was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

CHARLEY'S GRILLED SUBS
ORANGE PARK, FL 32073

SBA Loan Lender

FIRST FED. BANK - NO. FLORIDA
511 ST. JOHNS AVE
PALATKA, FL 32177

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

5/19/2004

Loan Approval Gross Amount

$198,000

Loan Approval from the SBA

Of the total $198,000 loan amount, the SBA guaranteed $148,500.

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 12 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Orange Park FL, you ought to talk with a local Orange Park SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Orange Park businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Charley's Grilled Subs

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SBA 7A Banks in Palatka, Florida

Florida SBA 7A Lenders