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November 13, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > Security Pacific Bank Los Angeles Business Loans > Mr. Pickles Loan | ||||
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Security Pacific Bank Small Business Franchise Loan
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Marysville, CA Entrepreneur Gets SBA Loan to Buy Mr. Pickles Sandwich Shop FranchiseBorrowing money to purchase a Mr. Pickles Sandwich Shop franchise? Security Pacific Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Marysville, California and are interested in buying a Mr. Pickles Sandwich Shop franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Security Pacific Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower MR. PICKLES SBA Loan Lender SECURITY PACIFIC BANK 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 3/30/2007 Loan Approval Gross Amount $155,000 Loan Approval from the SBA Of the total $155,000 loan amount, the SBA guaranteed $116,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Mr. Pickles Sandwich Shop franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours 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: SBA Banks in Los Angeles, California Getting an SBA Loan in California
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