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

Need money 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 shouldn't be overly burdensome. In 2005, 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 #189
FRESNO, CA 93727

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

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

7/5/2005

Loan Approval Gross Amount

$1,442,000

Loan Approval from the SBA

Of the total $1,442,000 loan amount, the SBA guaranteed $1,081,500.

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 loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Pacific Western Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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