Borrow Money to Buy a Club Z Franchise

Borrowing money to buy a Club Z franchise? Mission Valley Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Long Beach, California and are interested in buying a Club Z franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Mission Valley Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

CLUB Z! IN-HOME TUTORING
LONG BEACH, CA 90808

SBA Loan Lender

MISSION VALLEY BANK
9116 SUNLAND BLVD
SUN VALLEY, CA 91352

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

611699 - Schools and Instruction

Loan Approval Date

1/25/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Club Z franchise. At the time of the loan, the company had 100 employees. The SBA loan application for the borrower indicated that the loan would help generate 50 new jobs and retain 60 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Long Beach CA, you ought to talk with a local Long Beach SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Long Beach businesses.

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.

Related Links:

Club Z In-Home Tutoring

Borrowing Money from Friends and Family

Good Banks for Small Business in Sun Valley, California

SBA Lenders in California