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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Oroville, Business Loans > Butte Community Bank Oroville Business Loans > Dutch Bros Coffee Loan | ||||
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How to Get SBA Loans in Chico, California
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Chico, CA Entrepreneur Gets SBA Loan to Buy Dutch Bros. Coffee FranchiseNeed money to buy a Dutch Bros. Coffee franchise? Butte Community Bank has a history of making these loans and they are guaranteed by the SBA. Dutch Bros. Coffee franchise loans are available to Chico, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Butte Community Bank, based in Oroville, California, issued an SBA franchise loan for a Dutch Bros. Coffee franchise in 2003. We've got all the details on this California small business loan. SBA Loan Borrower DUTCH BROS COFFEE SBA Loan Lender BUTTE COMMUNITY BANK 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 2/14/2003 Loan Approval Gross Amount $110,500 Loan Approval from the SBA Of the total $110,500 loan amount, the SBA guaranteed $93,925. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Dutch Bros. Coffee franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 8 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. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Find an SBA Lender in Oroville, California
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