Borrow Money to Buy a Charley's Grilled Subs Franchise

Need money to buy a Charley's Grilled Subs franchise? Heritage Bank Of Commerce has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Charley's Grilled Subs franchise? If so, here's a 2001 SBA franchise loan that you should know about. Heritage Bank Of Commerce was the lender and the entrepreneur was based in San Ramon, California.

SBA Loan Borrower

CHARLEY'S STEAKERY
SAN RAMON, CA 94583

SBA Loan Lender

HERITAGE BANK OF COMMERCE
150 ALMADEN BLVD
SAN JOSE, CA 95113

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

722110 - Full-Service Restaurants

Loan Approval Date

6/27/2001

Loan Approval Gross Amount

$312,400

Loan Approval from the SBA

Of the total $312,400 loan amount, the SBA guaranteed $234,300.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Charley's Grilled Subs franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 15 new jobs and retain 17 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Heritage Bank Of Commerce and they will explain how you can get an SBA loan for your company.

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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