Beach Business Bank Provides SBA Loan to Buy Baja Fresh Mexican Grill Franchise

Need money to purchase a Baja Fresh Mexican Grill franchise? Beach Business Bank has a history of making these loans and they are guaranteed by the SBA.

Baja Fresh Mexican Grill franchise loans are available to Rancho Palos Verdes, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Beach Business Bank, based in Manhattan Beach, California, issued an SBA franchise loan for a Baja Fresh Mexican Grill franchise in 2007. We've got all the details on this California small business loan.

SBA Loan Borrower

BAJA FRESH
RANCHO PALOS VERDES, CA 90275

SBA Loan Lender

BEACH BUSINESS BANK
1230 ROSECRANS AVE, STE 100
MANHATTAN BEACH, CA 90266

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

722211 - Limited-Service Restaurants

Loan Approval Date

12/10/2007

Loan Approval Gross Amount

$214,400

Loan Approval from the SBA

Of the total $214,400 loan amount, the SBA guaranteed $160,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Baja Fresh Mexican Grill franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 Beach Business 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.

Related Links:

Baja Fresh Mexican Grill

Understanding Dilution

Small Business Banks in Manhattan Beach, California

Getting a Business Loan in California