Oakland, CA Entrepreneur Gets SBA Loan to Buy Tapioca Express Franchise

Need a loan to purchase a Tapioca Express franchise? Mission National Bank has a history of making these loans and they are guaranteed by the SBA.

Tapioca Express franchise loans are available to Oakland, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Mission National Bank, based in San Francisco, California, issued an SBA franchise loan for a Tapioca Express franchise in 2007. We've got all the details on this California small business loan.

SBA Loan Borrower

TAPIOCA EXPRESS
OAKLAND, CA 94612

SBA Loan Lender

MISSION NATIONAL BANK
3060 16TH ST
SAN FRANCISCO, CA 94103

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/21/2007

Loan Approval Gross Amount

$184,000

Loan Approval from the SBA

Of the total $184,000 loan amount, the SBA guaranteed $138,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Tapioca Express franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the funding would help create 10 new jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 $184,000 loan. Remember, things become real when you believe you can achieve them!

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:

Tapioca Express, Inc.

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