California Entrepreneur Secures Financing to Buy It's A Grind Coffee Franchise

Need a loan to invest in an It's A Grind Coffee franchise? Inland Commun Bank has a history of making these loans and they are guaranteed by the SBA.

It's A Grind Coffee franchise loans are available to Murrieta, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Inland Commun Bank, based in Rialto, California, issued an SBA franchise loan for an It's A Grind Coffee franchise in 2007. We've got all the details on this California small business loan.

SBA Loan Borrower

IT'S A GRIND COFFEE HOUSE
MURRIETA, CA 92562

SBA Loan Lender

INLAND COMMUN BANK
255 S RIVERSIDE AVE
RIALTO, CA 92376

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

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

3/8/2007

Loan Approval Gross Amount

$260,000

Loan Approval from the SBA

Of the total $260,000 loan amount, the SBA guaranteed $195,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an It's A Grind Coffee franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 20 new jobs and retain 15 existing jobs.

Getting an SBA Loan For Your Business

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $260,000 loan. Remember, if it to be, it is up to me!

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:

It's A Grind Coffee

It's a Grind Coffee Shop

Business Incubators

Best Banks for Small Business in Rialto, California

California SBA 7A Banks