Borrow Money to Buy a Comfort Inn Franchise

Need a loan to purchase a Comfort Inn franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Fallon, Nevada needed money to invest in a Comfort Inn franchise back in 2003. Pacific Western Bank issued an SBA franchise loan. Here are the details on this Nevada small business loan.

SBA Loan Borrower

FALLON COMFORT INN
FALLON, NV 89406

SBA Loan Lender

PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025

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

721110 - Hotels and Motels

Loan Approval Date

6/20/2003

Loan Approval Gross Amount

$1,333,300

Loan Approval from the SBA

Of the total $1,333,300 loan amount, the SBA guaranteed $999,975.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Comfort Inn franchise. At the time of the loan, the company had 9 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 9 existing jobs.

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SBA loans provide smart, affordable business financing for small businesses looking to expand.

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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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