California Entrepreneur Secures Financing to Buy Wienerschnitzel Franchise

Borrowing money to buy a Wienerschnitzel franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Wienerschnitzel franchise loans are available to Orange, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in San Jose, California, issued an SBA franchise loan for a Wienerschnitzel franchise in 2003. We've got all the details on this California small business loan.

SBA Loan Borrower

WIENERSCHNITZEL #660
ORANGE, CA 92865

SBA Loan Lender

COMERICA BANK
333 W SANTA CLARA ST
SAN JOSE, CA 95113

This business loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/9/2003

Loan Approval Gross Amount

$655,800

Loan Approval from the SBA

Of the total $655,800 loan amount, the SBA guaranteed $491,850.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Wienerschnitzel franchise. At the time of the loan, the company had 12 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Orange CA, you ought to talk with a local Orange SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Orange businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Comerica Bank and they will explain how you can get an SBA loan for your company.

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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