Borrow Money to Buy an Arby's Franchise

Need money to invest in an Arby's franchise? Washington Mutual Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Arby's franchise may simply require a phone call to a local SBA banker. In 2000, Washington Mutual Bank issued an SBA franchise loan to an entrepreneur in Santa Ana, California. Because Arby's was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

ARBY'S
SANTA ANA, CA 92701

SBA Loan Lender

WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722310 - Food Service Contractors

Loan Approval Date

12/13/2000

Loan Approval Gross Amount

$306,000

Loan Approval from the SBA

Of the total $306,000 loan amount, the SBA guaranteed $229,500.

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 5 employees. This SBA loan request indicated that the funding would help generate 5 new jobs.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Santa Ana CA, you ought to talk with a local Santa Ana SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Santa Ana businesses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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