Loan to Buy Pump It Up Franchise Issued By Vineyard Bank
Borrowing money to purchase a Pump It Up franchise? Vineyard Bank has a history of making these loans and they are guaranteed by the SBA.
Pump It Up franchise loans are available to Lake Forest, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Vineyard Bank, based in Corona, California, issued an SBA franchise loan for a Pump It Up franchise in 2005. We've got all the details on this California small business loan.
SBA Loan Borrower
PUMP IT UP OF SADDLEBACK VALLE
LAKE FOREST, CA 92630
SBA Loan Lender
VINEYARD BANK
1260 CORONA POINTE CT
CORONA, CA 92879
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
713990 - Amusement and Recreation Industries
Loan Approval Date
4/22/2005
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Pump It Up franchise. At the time of the loan, the company
had 10 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 11 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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:
Pump It Up
Microlending as a Small Business Funding Source
SBA Banks in Corona, California
Getting an SBA Loan in California