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November 21, 2024  
 
 
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Carlsbad, CA Entrepreneur Gets SBA Loan to Buy Martinizing Dry Cleaning Franchise

Borrowing money to buy a Martinizing Dry Cleaning franchise? Union Bank Of California has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Martinizing Dry Cleaning franchise? If so, here's a 2005 SBA franchise loan that you should know about. Union Bank Of California was the lender and the entrepreneur was based in Carlsbad, California.

SBA Loan Borrower

MARTINIZING DRY CLEANERS
CARLSBAD, CA 92008

SBA Loan Lender

UNION BANK OF CALIFORNIA
400 CALIFORNIA ST, 1ST FL
SAN FRANCISCO, CA 94104

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

812320 - Drycleaning and Laundry Services

Loan Approval Date

2/23/2005

Loan Approval Gross Amount

$267,100

Loan Approval from the SBA

Of the total $267,100 loan amount, the SBA guaranteed $200,325.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Martinizing Dry Cleaning franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

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 Carlsbad 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:

Martinizing Dry Cleaning

Bank Credit Lines

SBA Banks in San Francisco, California

SBA California Lenders