Borrow Money to Buy a Great Harvest Bread Co. Franchise
Need money to buy a Great Harvest Bread Co. franchise? Coast Comm. Bank A Division - has a history of making these loans and they are guaranteed by the SBA.
If you live near Fresno, California and are interested in buying a Great Harvest Bread Co. franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Coast Comm. Bank A Division -. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
GREAT HARVEST BREAD CO
FRESNO, CA 93720
SBA Loan Lender
COAST COMM. BANK A DIVISION -
75 RIVER ST
SANTA CRUZ, CA 95060
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
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
7/25/2002
Loan Approval Gross Amount
$106,000
Loan Approval from the SBA
Of the total $106,000 loan amount, the SBA guaranteed $90,100.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Great Harvest Bread Co. franchise. At the time of the loan, the company
had 4 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
This SBA loan was for $106,000. How would you spend $106,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Great Harvest Bread Company
Business Line of Credit
SBA 7A Lenders in Santa Cruz, California
SBA California Banks