Borrow Money to Buy a Jack-In-The-Box Franchise
Need a loan to invest in a Jack-In-The-Box franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Jack-In-The-Box franchise? If so, here's a 2003 SBA franchise loan that you should know about. California Bank & Trust was the lender and the entrepreneur was based in Berkeley, California.
SBA Loan Borrower
JACK IN THE BOX
BERKELEY, CA 94702
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
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
722211 - Limited-Service Restaurants
Loan Approval Date
9/15/2003
Loan Approval Gross Amount
$1,155,000
Loan Approval from the SBA
Of the total $1,155,000 loan amount, the SBA guaranteed $866,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Jack-In-The-Box franchise. At the time of the loan, the company
had 25 employees. This SBA loan request indicated that the loan would help retain 25 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from California Bank & Trust so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Jack in the Box Inc.
Family and Friend Investors - Your First Financiers
SBA 7A Banks for Sacramento, California Loans
SBA Lenders in California