Newtek Small Business Finance Inc. Provides SBA Loan to Buy Camille's Sidewalk Cafe Franchise

Need a loan to invest in a Camille's Sidewalk Cafe franchise? Newtek Small Business Finance Inc. has a history of making these loans and they are guaranteed by the SBA.

Camille's Sidewalk Cafe franchise loans are available to Washington, District of Columbia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Newtek Small Business Finance Inc., based in New York, New York, issued an SBA franchise loan for a Camille's Sidewalk Cafe franchise in 2005. We've got all the details on this District of Columbia small business loan.

SBA Loan Borrower

CAMILLE'S SIDEWALK CAFE
WASHINGTON, DC 20001

SBA Loan Lender

NEWTEK SMALL BUSINESS FINANCE INC.
1440 BROADWAY, 17TH FL.
NEW YORK, NY 10018

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

5/4/2005

Loan Approval Gross Amount

$320,000

Loan Approval from the SBA

Of the total $320,000 loan amount, the SBA guaranteed $240,000.

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 2 employees. The loan application indicated that the loan would help generate 19 new jobs and retain 21 existing jobs.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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