California Entrepreneur Secures Financing to Buy Arby's Franchise

Need a loan to invest in an Arby's franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.

Arby's franchise loans are available to San Marcos, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wachovia Sba Lending, Inc., based in Roseville, California, issued an SBA franchise loan for an Arby's franchise in 2002. We've got all the details on this California small business loan.

SBA Loan Borrower

ARBY'S
SAN MARCOS, CA 92069

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/28/2002

Loan Approval Gross Amount

$887,800

Loan Approval from the SBA

Of the total $887,800 loan amount, the SBA guaranteed $665,850.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Arby's franchise. At the time of the loan, the company had 140 employees. This SBA loan request indicated that the loan would help retain 140 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wachovia Sba Lending, Inc. 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.

Related Links:

Arby's, LLC

Advice on Getting a Small Business Loan

SBA 7A Banks in Roseville, California

Getting an SBA Loan in California