California Entrepreneur Secures Financing to Buy American Leak Detection Franchise

Borrowing money to purchase an American Leak Detection franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an American Leak Detection franchise? If so, here's a 2004 SBA franchise loan that you should know about. Pacific Western Bank was the lender and the entrepreneur was based in San Diego, California.

SBA Loan Borrower

AMERICAN LEAK DETECTION OF SOU
SAN DIEGO, CA 92130

SBA Loan Lender

PACIFIC WESTERN BANK
19950 BEACH BLVD
HUNTINGTON BEACH, CA 92648

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

238990 - Specialty Trade Contractors

Loan Approval Date

10/19/2004

Loan Approval Gross Amount

$230,000

Loan Approval from the SBA

Of the total $230,000 loan amount, the SBA guaranteed $115,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an American Leak Detection franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $230,000. How would you spend $230,000 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:

American Leak Detection

Business Credit Evaluation

Small Business Banks in Huntington Beach, California

SBA California Banks