California Entrepreneur Secures Financing to Buy Jimboy's Tacos Franchise

Borrowing money to purchase a Jimboy's Tacos franchise? Community Banks - Northern Cal has a history of making these loans and they are guaranteed by the SBA.

Jimboy's Tacos franchise loans are available to Fairfield, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community Banks - Northern Cal, based in Tracy, California, issued an SBA franchise loan for a Jimboy's Tacos franchise in 2006. We've got all the details on this California small business loan.

SBA Loan Borrower

JIMBOY'S TACOS #275
FAIRFIELD, CA 94533

SBA Loan Lender

COMMUNITY BANKS - NORTHERN CAL
1839 W 11TH ST
TRACY, CA 95376

This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

10/25/2006

Loan Approval Gross Amount

$330,000

Loan Approval from the SBA

Of the total $330,000 loan amount, the SBA guaranteed $247,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Jimboy's Tacos franchise. At the time of the loan, the company had 16 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

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 Community Banks - Northern Cal 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.

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