Rancho Cucamongo, CA Entrepreneur Gets SBA Loan to Buy My Girlfriends Kitchens Franchise

Need money to buy a My Girlfriends Kitchens franchise? Stearns Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a My Girlfriends Kitchens franchise is doable. In 2006, Stearns Bank issued an SBA franchise loan to an entrepreneur in Rancho Cucamongo, California. Because My Girlfriends Kitchens was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

MY GIRLFRIENDS KITCHEN
RANCHO CUCAMONGO, CA 91739

SBA Loan Lender

STEARNS BANK
4191 2ND ST SOUTH
SAINT CLOUD, MN 56301

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311991 - Perishable Prepared Food Manufacturing

Loan Approval Date

7/20/2006

Loan Approval Gross Amount

$387,300

Loan Approval from the SBA

Of the total $387,300 loan amount, the SBA guaranteed $290,475.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a My Girlfriends Kitchens franchise. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help generate 7 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Rancho Cucamongo or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

My Girlfriend's Kitchen

Business Incubators

Small Bank Loans in Saint Cloud, Minnesota

Browse All Business Loan Sources for Minnesota