Community W. Bank Provides SBA Loan to Buy Blimpie Franchise
Borrowing money to purchase a Blimpie franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Blimpie franchise? If so, here's a 2005 SBA franchise loan that you should know about. Community W. Bank was the lender and the entrepreneur was based in Rowland Heights, California.
SBA Loan Borrower
BLIMPIE'S SUB & SALADS
ROWLAND HEIGHTS, CA 91748
SBA Loan Lender
COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117
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
722211 - Limited-Service Restaurants
Loan Approval Date
2/9/2005
Loan Approval Gross Amount
$459,000
Loan Approval from the SBA
Of the total $459,000 loan amount, the SBA guaranteed $344,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Blimpie franchise. At the time of the loan, the company
had 14 employees. This SBA loan request indicated that the loan would help retain 14 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Community W. Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
Blimpie Subs & Salads
Business Incubators
SBA 7A Lenders in Goleta, California
California SBA 7A Lenders