California Entrepreneur Secures Financing to Buy It's A Grind Coffee Franchise
Borrowing money to invest in an It's A Grind Coffee franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA.
It's A Grind Coffee franchise loans are available to Rancho Palos Verdes, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pacific Western Bank, based in Huntington Beach, California, issued an SBA franchise loan for an It's A Grind Coffee franchise in 2004. We've got all the details on this California small business loan.
SBA Loan Borrower
IT'S A GRIND
RANCHO PALOS VERDES, CA 90275
SBA Loan Lender
PACIFIC WESTERN BANK
19950 BEACH BLVD
HUNTINGTON BEACH, CA 92648
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
3/16/2004
Loan Approval Gross Amount
$206,800
Loan Approval from the SBA
Of the total $206,800 loan amount, the SBA guaranteed $155,100.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an It's A Grind Coffee franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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 Pacific Western 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:
It's A Grind Coffee
It's a Grind Coffee Shop
Family and Friend Investors - Your First Financiers
Small Bank Loans in Huntington Beach, California
SBA California Banks