Loan to Buy Taco Del Mar Franchise Issued By Mojave Desert Bank

Need a loan to purchase a Taco Del Mar franchise? Mojave Desert Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Taco Del Mar franchise? If so, here's a 2007 SBA franchise loan that you should know about. Mojave Desert Bank was the lender and the entrepreneur was based in Ridgecrest, California.

SBA Loan Borrower

TACO DEL MAR
RIDGECREST, CA 93555

SBA Loan Lender

MOJAVE DESERT BANK
15772 'K' ST
MOJAVE, CA 93501

This lender issued this business loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/1/2007

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Taco Del Mar franchise. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help create 12 new jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $125,000 loan. Remember, anyone can do it... so why not you?

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:

Taco Del Mar

Raising Venture Capital

Best Banks for Small Business in Mojave, California

SBA California Lenders