Premier Valley Bank Provides SBA Loan to Buy Fuddrucker's Franchise

Borrowing money to buy a Fuddrucker's franchise? Premier Valley Bank has a history of making these loans and they are guaranteed by the SBA.

Fuddrucker's franchise loans are available to Modesto, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Premier Valley Bank, based in Fresno, California, issued an SBA franchise loan for a Fuddrucker's franchise in 2007. We've got all the details on this California small business loan.

SBA Loan Borrower

FUDDRUCKERS
MODESTO, CA 95356

SBA Loan Lender

PREMIER VALLEY BANK
8355 N FRESNO ST, STE 180
FRESNO, CA 93720

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

6/19/2007

Loan Approval Gross Amount

$518,300

Loan Approval from the SBA

Of the total $518,300 loan amount, the SBA guaranteed $388,725.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fuddrucker's franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the borrowed money would help create 80 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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.

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