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April 25, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Irvine, Business Loans > Spectrum Bank Irvine Business Loans > Edible Arrangements Loan | ||||
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Advice for Borrowing Money to Buy a Franchise
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California Entrepreneur Secures Financing to Buy Edible Arrangements FranchiseBorrowing money to purchase an Edible Arrangements franchise? Spectrum Bank has a history of making these loans and they are guaranteed by the SBA. Edible Arrangements franchise loans are available to Corona, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Spectrum Bank, based in Irvine, California, issued an SBA franchise loan for an Edible Arrangements franchise in 2006. We've got all the details on this California small business loan. SBA Loan Borrower EDIBLE ARRANGEMENTS SBA Loan Lender SPECTRUM BANK This lender provides SBA bank 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 445292 - Confectionery and Nut Stores Loan Approval Date 12/7/2006 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Edible Arrangements franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 5 new jobs and retain 6 existing jobs. 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. 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: Family and Friend Investors - Your First Financiers SBA 7A Banks for Irvine, California Loans Browse All Business Loan Sources for California
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