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November 14, 2024  
 
 
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Loans to Buy a Franchise in California

 

 
Loan Census SBA Loan Info

Rialto, CA Entrepreneur Gets SBA Loan to Buy Money Mailer Franchise

Need a loan to buy a Money Mailer franchise? 1st Centennial Bank has a history of making these loans and they are guaranteed by the SBA.

Money Mailer franchise loans are available to Rialto, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, 1st Centennial Bank, based in Redlands, California, issued an SBA franchise loan for a Money Mailer franchise in 2002. We've got all the details on this California small business loan.

SBA Loan Borrower

MONEY MAILER OF RIVERSIDE
RIALTO, CA 92377

SBA Loan Lender

1ST CENTENNIAL BANK
218 E STATE ST
REDLANDS, CA 92373

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

541860 - Direct Mail Advertising

Loan Approval Date

11/27/2002

Loan Approval Gross Amount

$73,500

Loan Approval from the SBA

Of the total $73,500 loan amount, the SBA guaranteed $62,475.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Money Mailer franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the funding would help generate 1 new job.

Next Steps for Getting an SBA Loan

If you need business start up money in Rialto CA, you ought to talk with a local Rialto SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rialto businesses.

This SBA loan was for $73,500. How would you spend $73,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

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