Loan to Buy Samari Sams Teriyaki Grill Franchise Issued By Comerica Bank

Need money to purchase a Samari Sams Teriyaki Grill franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Samari Sams Teriyaki Grill franchise is doable. In 2006, Comerica Bank issued an SBA franchise loan to an entrepreneur in Sacramento, California. Because Samari Sams Teriyaki Grill was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

SAMURAI SAM'S
SACRAMENTO, CA 95829

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

8/24/2006

Loan Approval Gross Amount

$251,800

Loan Approval from the SBA

Of the total $251,800 loan amount, the SBA guaranteed $188,850.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Samari Sams Teriyaki Grill franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 7 new jobs and retain 8 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Sacramento CA, you ought to talk with a local Sacramento SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sacramento businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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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