Emeryville, CA Entrepreneur Gets SBA Loan to Buy Athlete's Foot Franchise
Need money to purchase an Athlete's Foot franchise? Pacific Cap. Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy an Athlete's Foot franchise? If so, here's a 2005 SBA franchise loan that you should know about. Pacific Cap. Bank was the lender and the entrepreneur was based in Emeryville, California.
SBA Loan Borrower
THE ATHLETE'S FOOT
EMERYVILLE, CA 94608
SBA Loan Lender
PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101
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
448210 - Shoe Stores
Loan Approval Date
1/11/2005
Loan Approval Gross Amount
$214,000
Loan Approval from the SBA
Of the total $214,000 loan amount, the SBA guaranteed $160,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an Athlete's Foot franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the funding would help generate 7 new jobs.
Start the Process for Getting an SBA Loan Today!
If you are raising money in Emeryville CA, you ought to talk with a local Emeryville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Emeryville businesses.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Bank Credit Lines
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Getting an SBA Loan in California