Inland Commun Bank Provides SBA Loan to Buy Farmer Boys-Brea Franchise

Borrowing money to purchase a Farmer Boys-Brea franchise? Inland Commun Bank has a history of making these loans and they are guaranteed by the SBA.

Farmer Boys-Brea franchise loans are available to Rialto, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Inland Commun Bank, based in Rialto, California, issued an SBA franchise loan for a Farmer Boys-Brea franchise in 2005. We've got all the details on this California small business loan.

SBA Loan Borrower

FARMER BOYS AYALA
RIALTO, CA 92376

SBA Loan Lender

INLAND COMMUN BANK
255 S RIVERSIDE AVE
RIALTO, CA 92376

This lender provides SBA small business 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

10/5/2005

Loan Approval Gross Amount

$562,500

Loan Approval from the SBA

Of the total $562,500 loan amount, the SBA guaranteed $421,875.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Farmer Boys-Brea franchise. At the time of the loan, the company had 34 employees. This SBA loan request indicated that the loan would help retain 34 existing jobs.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

We can help you find the best banks for small businesses in Rialto 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:

Obtaining Funding - Friends and Family

Find an SBA Lender in Rialto, California

SBA Participating Banks in California