Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

San Jose, California Bank Loan

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Partyland retail Party Goods Franchise

Need a loan to buy a Partyland retail Party Goods franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Partyland retail Party Goods franchise? If so, here's a 2002 SBA franchise loan that you should know about. California Bank & Trust was the lender and the entrepreneur was based in San Jose, California.

SBA Loan Borrower

TOGO'S EATERY - TULLY ROAD
SAN JOSE, CA 95122

SBA Loan Lender

CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/14/2002

Loan Approval Gross Amount

$485,000

Loan Approval from the SBA

Of the total $485,000 loan amount, the SBA guaranteed $363,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Partyland retail Party Goods franchise. At the time of the loan, the company had 22 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start a small business or need money for an existing business, an SBA loan can be a great funding source

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like California Bank & Trust 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.

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