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

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

If you live near Riverside, California and are interested in buying a Farmer Boys-Brea franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Inland Commun Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

FARMER BOYS PAGE PLAZA
RIVERSIDE, CA 92503

SBA Loan Lender

INLAND COMMUN BANK
255 S RIVERSIDE AVE
RIALTO, CA 92376

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

722110 - Full-Service Restaurants

Loan Approval Date

1/26/2004

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $384,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Farmer Boys-Brea franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 45 new jobs and retain 45 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This SBA loan was for $750,000. How would you spend $750,000 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.

Related Links:

Getting a Small Business Loan

Good Banks for Small Business in Rialto, California

Where to Get an SBA Loan California