California Entrepreneur Secures Financing to Buy Togo's Eatery Franchise

Borrowing money to invest in a Togo's Eatery franchise? Bank Of The Sierra has a history of making these loans and they are guaranteed by the SBA.

Togo's Eatery franchise loans are available to Tulare, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of The Sierra, based in Porterville, California, issued an SBA franchise loan for a Togo's Eatery franchise in 2006. We've got all the details on this California small business loan.

SBA Loan Borrower

PAMELA & WILLIAM ROBERTSON DBA: TOGO'S / B
TULARE, CA 93274

SBA Loan Lender

BANK OF THE SIERRA
86 N MAIN ST
PORTERVILLE, CA 93257

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

4/19/2006

Loan Approval Gross Amount

$412,500

Loan Approval from the SBA

Of the total $412,500 loan amount, the SBA guaranteed $309,375.

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 10 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 10 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 Bank Of The Sierra 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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