Borrow Money to Buy a Taco Del Mar Franchise

Borrowing money to buy a Taco Del Mar franchise? City Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Taco Del Mar franchise shouldn't be too tough. In 2002, City Bank issued an SBA franchise loan to an entrepreneur in Seattle, Washington. Because Taco Del Mar was registered with the SBA's registry of franchises, this Washington small business loan was issued on an expedited basis.

SBA Loan Borrower

TACO DEL MAR
SEATTLE, WA 98136

SBA Loan Lender

CITY BANK
14807 HWY 99
LYNNWOOD, WA 98087

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

8/14/2002

Loan Approval Gross Amount

$130,000

Loan Approval from the SBA

Of the total $130,000 loan amount, the SBA guaranteed $110,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Taco Del Mar franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the borrowed money would help generate 5 new jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Seattle or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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SBA 7A Lenders in Lynnwood, Washington

Getting a Business Loan in Washington