Loan Census Banking News and Information
November 23, 2024  
 
 
  Business Loan Information  
 

Business Loans for Las Vegas Businesses

 

 
Loan Census SBA Loan Info

Las Vegas, NV Entrepreneur Gets SBA Loan to Buy Capriotti Franchise

Need a loan to buy a Capriotti franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Capriotti franchise loans are available to Las Vegas, Nevada entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, California Bank & Trust, based in Sacramento, California, issued an SBA franchise loan for a Capriotti franchise in 2005. We've got all the details on this Nevada small business loan.

SBA Loan Borrower

CAPRIOTTI'S SANDWICH SHOP
LAS VEGAS, NV 89144

SBA Loan Lender

CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833

This lender provides SBA guaranteed business loans 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

722211 - Limited-Service Restaurants

Loan Approval Date

3/15/2005

Loan Approval Gross Amount

$137,000

Loan Approval from the SBA

Of the total $137,000 loan amount, the SBA guaranteed $102,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Capriotti franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

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

While you may be able to find other ways to get money to start a business, 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:

Capriotti

Small Business Loan

SBA 7A Banks in Sacramento, California

California SBA 7A Lenders