Fresno, CA Entrepreneur Gets SBA Loan to Buy Johnny Quik Food Store Franchise

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

Getting money to buy a Johnny Quik Food Store franchise may simply require a phone call to a local SBA banker. In 2004, Pacific Western Bank issued an SBA franchise loan to an entrepreneur in Fresno, California. Because Johnny Quik Food Store was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

JOHNNY QUIK FOOD STORE #137
FRESNO, CA 93711

SBA Loan Lender

PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

12/21/2004

Loan Approval Gross Amount

$996,000

Loan Approval from the SBA

Of the total $996,000 loan amount, the SBA guaranteed $747,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Johnny Quik Food Store franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This company got an SBA loan. You can too! Maybe you want money for start up business? 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.

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