Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Loans to Buy a Franchise in California

 

 
Loan Census SBA Loan Info

Cota De Caza, CA Entrepreneur Gets SBA Loan to Buy Del Taco Franchise

Borrowing money to invest in a Del Taco franchise? Premier Comm. Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Cota De Caza, California and are interested in buying a Del Taco franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Premier Comm. Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

DEL TACO #1022
COTA DE CAZA, CA 92679

SBA Loan Lender

PREMIER COMM. BANK
2400 E KATELLA AVE, STE 125
ANAHEIM, CA 92806

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

722211 - Limited-Service Restaurants

Loan Approval Date

8/8/2006

Loan Approval Gross Amount

$435,000

Loan Approval from the SBA

Of the total $435,000 loan amount, the SBA guaranteed $326,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Del Taco franchise. At the time of the loan, the company had 34 employees. The SBA loan documents indicated that the loan would help generate 34 new jobs and retain 34 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Premier Comm. Bank and they will explain how you can get an SBA loan for your company.

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:

Del Taco

Borrowing Money from Friends and Family

Small Bank Loans in Anaheim, California

Find an SBA Lender in California