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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Ontario, Business Loans > Citizens Business Bank Ontario Business Loans > Jackson Hewitt Tax Service Loan | ||||
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I Need a Small Business Loan to Buy a Franchise in Riverside, California
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Loan to Buy Jackson Hewitt Tax Service Franchise Issued By Citizens Business BankNeed money to buy a Jackson Hewitt Tax Service franchise? Citizens Business Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Riverside, California needed money to invest in a Jackson Hewitt Tax Service franchise back in 2002. Citizens Business Bank issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower JACKSON HEWITT TAX SERVICE SBA Loan Lender CITIZENS BUSINESS BANK This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 541213 - Tax Preparation Services Loan Approval Date 11/25/2002 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Jackson Hewitt Tax Service franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? 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. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Citizens Business Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Best Ontario, California Banks for Small Business
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