Upland, CA Entrepreneur Gets SBA Loan to Buy Farmer Boys-Brea Franchise

Need a loan to invest in a Farmer Boys-Brea franchise? Inland Commun Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Farmer Boys-Brea franchise? If so, here's a 2004 SBA franchise loan that you should know about. Inland Commun Bank was the lender and the entrepreneur was based in Upland, California.

SBA Loan Borrower

FARMER BOYS UPLAND
UPLAND, CA 91786

SBA Loan Lender

INLAND COMMUN BANK
255 S RIVERSIDE AVE
RIALTO, CA 92376

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

722110 - Full-Service Restaurants

Loan Approval Date

1/22/2004

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $562,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Farmer Boys-Brea franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 25 new jobs and retain 25 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We can help you find the best banks for small businesses in Upland 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.

Related Links:

Small Business Loan

Best Banks in Rialto, California

SBA California Banks