Coast Comm. Bank A Division - Provides SBA Loan to Buy Environment Control Monterey Bay Franchise

Borrowing money to buy an Environment Control Monterey Bay franchise? Coast Comm. Bank A Division - has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Environment Control Monterey Bay franchise requires some effort but others before you have been successful. In 2002, Coast Comm. Bank A Division - issued an SBA franchise loan to an entrepreneur in Aptos, California. Because Environment Control Monterey Bay was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

ENVIRONMENT CONTROL MONTEREY B
APTOS, CA 95003

SBA Loan Lender

COAST COMM. BANK A DIVISION -
75 RIVER ST
SANTA CRUZ, CA 95060

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

3/28/2002

Loan Approval Gross Amount

$138,500

Loan Approval from the SBA

Of the total $138,500 loan amount, the SBA guaranteed $117,725.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Environment Control Monterey Bay franchise. At the time of the loan, the company had 16 employees. The SBA loan application for the borrower indicated that the loan would help retain 16 existing jobs.

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

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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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