Pacific Cap. Bank Provides SBA Loan to Buy Jenny Craig Weight Loss Centers Franchise

Borrowing money to buy a Jenny Craig Weight Loss Centers franchise? Pacific Cap. Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Jenny Craig Weight Loss Centers franchise shouldn't be too tough. In 2005, Pacific Cap. Bank issued an SBA franchise loan to an entrepreneur in Palm Desert, California. Because Jenny Craig Weight Loss Centers was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

JENNY CRAIG WEIGHT LOSS CENTER
PALM DESERT, CA 92260

SBA Loan Lender

PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812990 - Personal Services

Loan Approval Date

2/1/2005

Loan Approval Gross Amount

$275,500

Loan Approval from the SBA

Of the total $275,500 loan amount, the SBA guaranteed $206,625.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Jenny Craig Weight Loss Centers franchise. At the time of the loan, the company had 11 employees. The SBA loan documents indicated that the loan would help retain 11 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Pacific Cap. Bank 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.

Related Links:

Jenny Craig International, Inc.

How to Raise Money

SBA 7A Banks for Santa Barbara, California Loans

California SBA 7A Lenders