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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Marcos, Business Loans > Discovery Bank San Marcos Business Loans > Sizzler #919 Loan | ||||
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How to Get SBA Loans in Fallbrook, California
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Loan to Buy Sizzler Family Steakhouse Franchise Issued By Discovery BankBorrowing money to buy a Sizzler Family Steakhouse franchise? Discovery Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Sizzler Family Steakhouse franchise? If so, here's a 2007 SBA franchise loan that you should know about. Discovery Bank was the lender and the entrepreneur was based in Fallbrook, California. SBA Loan Borrower SIZZLER #919 SBA Loan Lender DISCOVERY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 7/30/2007 Loan Approval Gross Amount $919,500 Loan Approval from the SBA Of the total $919,500 loan amount, the SBA guaranteed $689,625. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Sizzler Family Steakhouse franchise. At the time of the loan, the company had 97 employees. The SBA loan application for the borrower indicated that the loan would help retain 97 existing jobs. Start the Process for Getting an SBA Loan Today! If you need money to start a business or need money to grow a business, an SBA loan can be a great funding source We can help you find the best banks for small businesses in Fallbrook or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA Banks in San Marcos, California
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