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November 15, 2024  
 
 
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Raising Money in Gig Harbor, Washington With SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Taco Del Mar Franchise Issued By Kitsap Bank

Borrowing money to buy a Taco Del Mar franchise? Kitsap Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Taco Del Mar franchise? If so, here's a 2006 SBA franchise loan that you should know about. Kitsap Bank was the lender and the entrepreneur was based in Gig Harbor, Washington.

SBA Loan Borrower

TACO DEL MAR
GIG HARBOR, WA 98332

SBA Loan Lender

KITSAP BANK
619 BAY ST
PORT ORCHARD, WA 98366

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

722211 - Limited-Service Restaurants

Loan Approval Date

1/13/2006

Loan Approval Gross Amount

$166,000

Loan Approval from the SBA

Of the total $166,000 loan amount, the SBA guaranteed $124,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Taco Del Mar franchise. At the time of the loan, the company had 9 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 9 existing jobs.

Getting an SBA Loan For Your Business

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

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Taco Del Mar

The Art of Bootstrapping

Small Bank Loans in Port Orchard, Washington

SBA Washington Banks