Tarzana, CA Entrepreneur Gets SBA Loan to Buy Marble Slab Creamery Franchise
Borrowing money to invest in a Marble Slab Creamery franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Tarzana, California needed money to invest in a Marble Slab Creamery franchise back in 2005. Pacific Western Bank issued an SBA franchise loan. Here are the details on this California small business loan.
SBA Loan Borrower
MARBLE SLAB CREAMERY
TARZANA, CA 91356
SBA Loan Lender
PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025
This lender provides SBA debt financing 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
445299 - Specialty Food Stores
Loan Approval Date
8/4/2005
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Marble Slab Creamery franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 15 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $150,000 loan. Remember, if it to be, it is up to me!
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:
Marble Slab Creamery, Inc.
Investor Turnoffs
Best Banks in Escondido, California
SBA California Banks