Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Vista Business Owners

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an Arby's Franchise

Need money to invest in an Arby's franchise? First Commerce Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Arby's franchise may simply require a phone call to a local SBA banker. In 2006, First Commerce Bank issued an SBA franchise loan to an entrepreneur in Vista, California. Because Arby's was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

RJ INT'L DBA ARBY'S
VISTA, CA 92692

SBA Loan Lender

FIRST COMMERCE BANK
16861 VENTURA BLVD, STE 100
ENCINO, CA 91436

When it made this small business loan, this bank participated in the SBA's Certified Lenders Program (CLP). This program was created to ensure quick service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/23/2006

Loan Approval Gross Amount

$400,000

Loan Approval from the SBA

Of the total $400,000 loan amount, the SBA guaranteed $260,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Arby's franchise. At the time of the loan, the company had 20 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in Vista CA, you ought to talk with a local Vista SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Vista businesses.

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.

Related Links:

Arby's, LLC

Getting a Small Business Loan

Best Encino, California Banks for Small Business

SBA California Lenders