Loan to Buy El Pollo Loco Franchise Issued By California Bank & Trust
Need a loan to purchase an El Pollo Loco franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA.
El Pollo Loco franchise loans are available to Tustin, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, California Bank & Trust, based in Sacramento, California, issued an SBA franchise loan for an El Pollo Loco franchise in 2000. We've got all the details on this California small business loan.
SBA Loan Borrower
EL POLLO LOCO
TUSTIN, CA 92680
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
This loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
6/21/2000
Loan Approval Gross Amount
$758,000
Loan Approval from the SBA
Of the total $758,000 loan amount, the SBA guaranteed $568,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an El Pollo Loco franchise. At the time of the loan, the company
had 53 employees. The loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.
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.
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 $758,000 loan. Remember, things become real when you believe you can achieve them!
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:
El Pollo Loco, Inc.
Direct Public Offerings
Small Bank Loans in Sacramento, California
Getting a Business Loan in California