Silver State Bank Provides SBA Loan to Buy Del Taco Franchise
Borrowing money to buy a Del Taco franchise? Silver State Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Del Taco franchise? If so, here's a 2003 SBA franchise loan that you should know about. Silver State Bank was the lender and the entrepreneur was based in Washington City, Utah.
SBA Loan Borrower
DEL TACO OF WASHINGTON CITY
WASHINGTON CITY, UT 89052
SBA Loan Lender
SILVER STATE BANK
170 S GREEN VALLEY PKWY
HENDERSON, NV 89012
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
9/25/2003
Loan Approval Gross Amount
$700,000
Loan Approval from the SBA
Of the total $700,000 loan amount, the SBA guaranteed $525,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Del Taco franchise. At the time of the loan, the company
had 2 employees. The loan application did not indicate that the company promised to use the loan proceeds to add 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.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Del Taco
How to Raise Money
SBA 7A Banks in Henderson, Nevada
Getting a Business Loan in Nevada