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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Solana Beach, Business Loans > 1st Pacific Bank Of California Solana Beach Business Loans > Play It Again Sports Loan | ||||
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1st Pacific Bank Of California SBA 7A Franchise Loans
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Encinitas, CA Entrepreneur Gets SBA Loan to Buy Play It Again Sports retail Sports FranchiseNeed a loan to buy a Play It Again Sports retail Sports franchise? 1st Pacific Bank Of California has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Encinitas, California needed money to invest in a Play It Again Sports retail Sports franchise back in 2006. 1st Pacific Bank Of California issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower PLAY IT AGAIN SPORTS SBA Loan Lender 1ST PACIFIC BANK OF CALIFORNIA 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 451110 - Sporting Goods Stores Loan Approval Date 12/18/2006 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Play It Again Sports retail Sports franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 5 new jobs and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. 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: Obtaining Funding - How to Decide How Much to Raise Find an SBA Lender in Solana Beach, California Browse All Business Loan Sources for California
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