Borrow Money to Buy a Camille's Sidewalk Cafe Franchise
Need money to buy a Camille's Sidewalk Cafe franchise? United Commercial Bank has a history of making these loans and they are guaranteed by the SBA.
Camille's Sidewalk Cafe franchise loans are available to San Jose, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, United Commercial Bank, based in San Francisco, California, issued an SBA franchise loan for a Camille's Sidewalk Cafe franchise in 2007. We've got all the details on this California small business loan.
SBA Loan Borrower
MARONA E. NAZLOU DBA CAMILLE'S SIDEWALK CA
SAN JOSE, CA 95123
SBA Loan Lender
UNITED COMMERCIAL BANK
555 MONTGOMERY ST
SAN FRANCISCO, CA 94111
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
3/7/2007
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
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 only one employee. The loan application indicated that the loan would help generate 7 new jobs and retain 8 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $200,000 loan. Remember, things become real when you believe you can achieve them!
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
Determining Proper Capital Structure for a Business
SBA Banks in San Francisco, California
California SBA 7A Lenders