Borrow Money to Buy a Fantastic Sam's Franchise

Need money to purchase a Fantastic Sam's franchise? Borrego Springs Bank has a history of making these loans and they are guaranteed by the SBA.

Fantastic Sam's franchise loans are available to Lacey, Washington entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Borrego Springs Bank, based in Borrego Springs, California, issued an SBA franchise loan for a Fantastic Sam's franchise in 2003. We've got all the details on this Washington small business loan.

SBA Loan Borrower

FANTASTIC SAMS
LACEY, WA 98513

SBA Loan Lender

BORREGO SPRINGS BANK
587 PALM CANYON DR, STE 101
BORREGO SPRINGS, CA 92004

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812112 - Beauty Salons

Loan Approval Date

6/23/2003

Loan Approval Gross Amount

$353,000

Loan Approval from the SBA

Of the total $353,000 loan amount, the SBA guaranteed $264,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Fantastic Sam's franchise. At the time of the loan, the company had 27 employees. The SBA loan documents indicated that the loan would help retain 27 existing jobs.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

Related Links:

Fantastic Sams

Debt Financing

SBA Approved Banks in Borrego Springs, California

SBA Participating Banks in California