Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Loans to Buy a Franchise in New Jersey

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Camille's Sidewalk Cafe Franchise

Borrowing money to purchase a Camille's Sidewalk Cafe franchise? Amboy Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Parlin, New Jersey and are interested in buying a Camille's Sidewalk Cafe franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Amboy Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

CAMILLE'S SIDEWALK CAFE
PARLIN, NJ 08859

SBA Loan Lender

AMBOY BANK
3590 US HWY 9
OLD BRIDGE, NJ 08857

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

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

8/20/2003

Loan Approval Gross Amount

$310,000

Loan Approval from the SBA

Of the total $310,000 loan amount, the SBA guaranteed $232,500.

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 6 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Amboy Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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

How Much Venture Capital Is There?

Best Banks for Small Business in Old Bridge, New Jersey

New Jersey SBA Banks