Borrow Money to Buy a Togo's Eatery Franchise

Need a loan to buy a Togo's Eatery franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.

If you live near Rancho Palos Verdes, California and are interested in buying a Togo's Eatery franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Banco Popular North America. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

TOGO'S LA CIENEGA
RANCHO PALOS VERDES, CA 91335

SBA Loan Lender

BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

9/16/2003

Loan Approval Gross Amount

$326,200

Loan Approval from the SBA

Of the total $326,200 loan amount, the SBA guaranteed $244,650.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Togo's Eatery franchise. At the time of the loan, the company had 12 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 15 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Banco Popular North America 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.

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