Loan to Buy Unocal 76 Franchise Issued By Nara Bank

Need a loan to buy an Unocal 76 franchise? Nara Bank has a history of making these loans and they are guaranteed by the SBA.

Unocal 76 franchise loans are available to Hayward, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Nara Bank, based in Los Angeles, California, issued an SBA franchise loan for an Unocal 76 franchise in 2005. We've got all the details on this California small business loan.

SBA Loan Borrower

BREAKWATER 76
HAYWARD, CA 94545

SBA Loan Lender

NARA BANK
3731 WILSHIRE BLVD, STE 1000
LOS ANGELES, CA 90010

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

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

9/16/2005

Loan Approval Gross Amount

$1,902,000

Loan Approval from the SBA

Of the total $1,902,000 loan amount, the SBA guaranteed $1,426,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Unocal 76 franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Nara Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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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Unocal 76

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