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

I Need a Business Loan to Buy a Franchise in Simi Vallley, California

 

 
Loan Census SBA Loan Info

Pacific Western Bank Provides SBA Loan to Buy It's A Grand Coffee House Eagle Glen Franchise

Need a loan to buy an It's A Grand Coffee House Eagle Glen franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Simi Vallley, California and are interested in buying an It's A Grand Coffee House Eagle Glen franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Pacific Western Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

IT'S A GRIND COFFEE HOUSE
SIMI VALLLEY, CA 93065

SBA Loan Lender

PACIFIC WESTERN BANK
19950 BEACH BLVD
HUNTINGTON BEACH, CA 92648

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

7/30/2004

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an It's A Grand Coffee House Eagle Glen franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

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

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.

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