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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Carson, Business Loans > Merchants Bank - California Natl Carson Business Loans > Indigo Joe's Sport Pub & Rest Loan | ||||
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Hot Springs, California Bank for SBA Loans
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Borrow Money to Buy an Indigo Joe's Sport Pub & Restaurant FranchiseNeed money to purchase an Indigo Joe's Sport Pub & Restaurant franchise? Merchants Bank - California Natl has a history of making these loans and they are guaranteed by the SBA. If you live near Hot Springs, California and are interested in buying an Indigo Joe's Sport Pub & Restaurant franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Merchants Bank - California Natl. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower INDIGO JOE'S SPORT PUB & REST SBA Loan Lender MERCHANTS BANK - CALIFORNIA NATL The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 9/14/2005 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy an Indigo Joe's Sport Pub & Restaurant franchise. At the time of the loan, the company had 15 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We can help you find the best banks for small businesses in Hot Springs or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Role of Business Plan When Raising Money SBA 7A Banks for Carson, California Loans Find an SBA Lender in California
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