California Entrepreneur Secures Financing to Buy Adventures In Advertising Franchise
Borrowing money to buy an Adventures In Advertising franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Redondo Beach, California needed money to invest in an Adventures In Advertising franchise back in 2002. California Bank & Trust issued an SBA franchise loan. Here are the details on this California small business loan.
SBA Loan Borrower
AIA PROMOIDEAS AND MARKETING
REDONDO BEACH, CA 90278
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
454110 - Electronic Shopping and Mail-Order Houses
Loan Approval Date
5/7/2002
Loan Approval Gross Amount
$28,000
Loan Approval from the SBA
Of the total $28,000 loan amount, the SBA guaranteed $14,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an Adventures In Advertising franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We can help you find the best banks for small businesses in Redondo Beach 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:
Adventures in Advertising
Obtaining Funding - How to Borrow Money
Who Lends Money to Small Businesses in Sacramento, California
Getting a Business Loan in California