Community W. Bank Provides SBA Loan to Buy Chico's Tecate Grill Franchise

Need money to invest in a Chico's Tecate Grill franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.

Chico's Tecate Grill franchise loans are available to Fuller Park, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community W. Bank, based in Goleta, California, issued an SBA franchise loan for a Chico's Tecate Grill franchise in 2000. We've got all the details on this California small business loan.

SBA Loan Borrower

CHICO'S TECATE GRILL
FULLER PARK, CA 82831

SBA Loan Lender

COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117

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.

SIC Code

5812 - Eating Places

Loan Approval Date

4/28/2000

Loan Approval Gross Amount

$244,000

Loan Approval from the SBA

Of the total $244,000 loan amount, the SBA guaranteed $183,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Chico's Tecate Grill franchise. At the time of the loan, the company had only one employee. The loan application indicated that the borrowed money would help generate 30 new jobs.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Fuller Park CA, you ought to talk with a local Fuller Park SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fuller Park businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Community W. Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Community W. Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Obtaining Funding - How to Borrow Money

SBA Participating Banks in Goleta, California

SBA Lenders in California