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December 21, 2024  
 
 
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California Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

California Bank & Trust Provides SBA Loan to Buy Purr Fect Auto Service Franchise

Borrowing money to buy a Purr Fect Auto Service franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Purr Fect Auto Service franchise? If so, here's a 2005 SBA franchise loan that you should know about. California Bank & Trust was the lender and the entrepreneur was based in Yorba Linda, California.

SBA Loan Borrower

PURRFECT AUTO SERVICE #83
YORBA LINDA, CA 92886

SBA Loan Lender

CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833

This lender provides SBA small business loans 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

811111 - General Automotive Repair

Loan Approval Date

5/5/2005

Loan Approval Gross Amount

$334,000

Loan Approval from the SBA

Of the total $334,000 loan amount, the SBA guaranteed $250,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Purr Fect Auto Service franchise. At the time of the loan, the company had 7 employees. The loan application indicated that the loan would help generate 11 new jobs and retain 7 existing jobs.

Getting an SBA Loan For Your Business

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 need money to buy a business? 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.

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