Borrow Money to Buy a Baja Fresh Mexican Grill Franchise

Need a loan to purchase a Baja Fresh Mexican Grill franchise? Bbva Bancomer Usa has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Rowland Heights, California needed money to invest in a Baja Fresh Mexican Grill franchise back in 2003. Bbva Bancomer Usa issued an SBA franchise loan. Here are the details on this California small business loan.

SBA Loan Borrower

BAJA FRESH MEXICAN GRILL
ROWLAND HEIGHTS, CA 91748

SBA Loan Lender

BBVA BANCOMER USA
21700 COPLEY DRIVE
DIAMOND BAR, CA 91765

This lender issued this debt financing under the SBA 7A lending 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

722110 - Full-Service Restaurants

Loan Approval Date

3/28/2003

Loan Approval Gross Amount

$389,000

Loan Approval from the SBA

Of the total $389,000 loan amount, the SBA guaranteed $291,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Baja Fresh Mexican Grill franchise. At the time of the loan, the company had 45 employees. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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:

Baja Fresh Mexican Grill

Small Business Loan

Banks in Diamond Bar, California

California SBA Bank Lenders