Borrow Money to Buy a Togo's Eatery Franchise
Need a loan to buy a Togo's Eatery franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Scotts Valley, California needed money to invest in a Togo's Eatery franchise back in 2003. Comerica Bank issued an SBA franchise loan. Here are the details on this California small business loan.
SBA Loan Borrower
CRUZ'N FOODS
SCOTTS VALLEY, CA 95066
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
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
6/30/2003
Loan Approval Gross Amount
$216,600
Loan Approval from the SBA
Of the total $216,600 loan amount, the SBA guaranteed $162,450.
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 retain 11 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Scotts Valley or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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
Strategic Investors
SBA Participating Banks in Dallas, Texas
Texas SBA 7A Lenders