 |
 |
December 22, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > California Business Loan Sources > Truckee, Business Loans > Bank Of The West Truckee Business Loans > Virinder Grewal And Paramjit G Loan | ||||
 |
||||
How Much Does It Cost to Buy a Franchise in Ceres, California?
|
||||
 |
California Entrepreneur Secures Financing to Buy Arco gas Station FranchiseNeed money to buy an Arco gas Station franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Ceres, California needed money to invest in an Arco gas Station franchise back in 2004. Bank Of The West issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower VIRINDER GREWAL AND PARAMJIT G SBA Loan Lender BANK OF THE WEST 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 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 8/4/2004 Loan Approval Gross Amount $1,719,000 Loan Approval from the SBA Of the total $1,719,000 loan amount, the SBA guaranteed $1,289,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy an Arco gas Station franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 9 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. This SBA loan was for $1,719,000. How would you spend $1,719,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Accountant's Role in Securing Financing Getting a Business Loan in California
|
|
||
|
||||
|
|
||||