Pacific Western Bank Provides SBA Loan to Buy World's Greatest Hamburgers Franchise

Need money to purchase a World's Greatest Hamburgers franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a World's Greatest Hamburgers franchise may simply require a phone call to a local SBA banker. In 2002, Pacific Western Bank issued an SBA franchise loan to an entrepreneur in Chino, California. Because World's Greatest Hamburgers was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

FARMER BOYS-SAN JACINTO
CHINO, CA 91710

SBA Loan Lender

PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025

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

722110 - Full-Service Restaurants

Loan Approval Date

8/16/2002

Loan Approval Gross Amount

$790,000

Loan Approval from the SBA

Of the total $790,000 loan amount, the SBA guaranteed $592,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a World's Greatest Hamburgers franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help create 28 new jobs.

Start the Process for Getting an SBA Loan Today!

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.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Pacific Western Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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