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November 14, 2024  
 
 
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SBA Franchise Financing Lender Inglewood California

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Del Taco Franchise

Need money to invest in a Del Taco franchise? United Pacific Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Del Taco franchise may simply require a phone call to a local SBA banker. In 2005, United Pacific Bank issued an SBA franchise loan to an entrepreneur in Inglewood, California. Because Del Taco was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

DELLA FOODS LLC.
INGLEWOOD, CA 90303

SBA Loan Lender

UNITED PACIFIC BANK
1630 S AZUSA AVE
CITY OF INDUSTRY, CA 91748

This lender issued this SBA loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

10/20/2005

Loan Approval Gross Amount

$575,000

Loan Approval from the SBA

Of the total $575,000 loan amount, the SBA guaranteed $431,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Del Taco franchise. At the time of the loan, the company had 30 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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