Community W. Bank Provides SBA Loan to Buy Jimboy's Tacos Franchise

Borrowing money to invest in a Jimboy's Tacos franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Citrus Heights, California and are interested in buying a Jimboy's Tacos franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Community W. Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

JIMBOYS TACOS #11
CITRUS HEIGHTS, CA 95621

SBA Loan Lender

COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

9/27/2002

Loan Approval Gross Amount

$823,000

Loan Approval from the SBA

Of the total $823,000 loan amount, the SBA guaranteed $617,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Jimboy's Tacos franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Community W. 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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