Oceanside, CA Entrepreneur Gets SBA Loan to Buy The Dogout Franchise

Borrowing money to invest in a Dogout franchise? Security Business Bank - San Diego has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a The Dogout franchise is doable. In 2004, Security Business Bank - San Diego issued an SBA franchise loan to an entrepreneur in Oceanside, California. Because The Dogout was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

THE DOGOUT
OCEANSIDE, CA 92056

SBA Loan Lender

SECURITY BUSINESS BANK - SAN DIEGO
701 B ST, STE 100
SAN DIEGO, CA 92101

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

9/23/2004

Loan Approval Gross Amount

$170,800

Loan Approval from the SBA

Of the total $170,800 loan amount, the SBA guaranteed $128,100.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a The Dogout franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Security Business Bank - San Diego are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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