Borrow Money to Buy a Children's Orchard retail Clothing Franchise
Need money to invest in a Children's Orchard retail Clothing franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Children's Orchard retail Clothing franchise? If so, here's a 2002 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
CHILDREN'S ORCHARD
SAN DIEGO, CA 92126
SBA Loan Lender
PACIFIC WESTERN BANK
8002 LA MESA BLVD
LA MESA, CA 91941
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
448130 - Children's and Infants' Clothing Stores
Loan Approval Date
7/11/2002
Loan Approval Gross Amount
$136,900
Loan Approval from the SBA
Of the total $136,900 loan amount, the SBA guaranteed $116,365.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Children's Orchard retail Clothing franchise. At the time of the loan, the company
had 8 employees. The loan application did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Children's Orchard, Inc.
Realistic Debt Financing Options
SBA 7A Banks in La Mesa, California
Where to Get an SBA Loan California