Borrow Money to Buy a Togo's Eatery Franchise
Need a loan to buy a Togo's Eatery franchise? Shinhan Bank America has a history of making these loans and they are guaranteed by the SBA.
Togo's Eatery franchise loans are available to San Jose, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Shinhan Bank America, based in New York City, New York, issued an SBA franchise loan for a Togo's Eatery franchise in 2005. We've got all the details on this California small business loan.
SBA Loan Borrower
TOGO'S EATERY
SAN JOSE, CA 95148
SBA Loan Lender
SHINHAN BANK AMERICA
330 FIFTH AVE, 4TH FL
NEW YORK CITY, NY 10016
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
12/8/2005
Loan Approval Gross Amount
$204,000
Loan Approval from the SBA
Of the total $204,000 loan amount, the SBA guaranteed $153,000.
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 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This SBA loan was for $204,000. How would you spend $204,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Togo's Eatery
Advice on Getting a Small Business Loan
SBA 7A Lenders in New York City, New York
New York SBA 7A Lenders