California Entrepreneur Secures Financing to Buy Johnny Quik Food Store Franchise

Borrowing money to buy a Johnny Quik Food Store franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Johnny Quik Food Store franchise? If so, here's a 2004 SBA franchise loan that you should know about. Pacific Western Bank was the lender and the entrepreneur was based in Clovis, California.

SBA Loan Borrower

JOHNNY QUIK FOOD STORE #151
CLOVIS, CA 93611

SBA Loan Lender

PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

10/5/2004

Loan Approval Gross Amount

$1,487,500

Loan Approval from the SBA

Of the total $1,487,500 loan amount, the SBA guaranteed $996,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Johnny Quik Food Store franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Clovis 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:

SBIR Funding

SBA Approved Banks in Escondido, California

California SBA 7A Banks