Pleasant Hill (pleasant Hills), CA Entrepreneur Gets SBA Loan to Buy Paradise Bakery Franchise

Borrowing money to purchase a Paradise Bakery franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Pleasant Hill (pleasant Hills), California and are interested in buying a Paradise Bakery franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Wells Fargo Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

PARADISE BAKERY & CAFE
PLEASANT HILL (PLEASANT HILLS), CA 94523

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/30/2004

Loan Approval Gross Amount

$718,800

Loan Approval from the SBA

Of the total $718,800 loan amount, the SBA guaranteed $539,100.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Paradise Bakery franchise. At the time of the loan, the company had 70 employees. The SBA loan documents indicated that the loan would help retain 70 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need business start up money in Pleasant Hill (pleasant Hills) CA, you ought to talk with a local Pleasant Hill (pleasant Hills) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pleasant Hill (pleasant Hills) businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Paradise Bakery and Cafe Franchises

Advice on Getting a Small Business Loan

Small Bank Loans in San Jose, California

SBA California Banks