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April 20, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Temecula, Business Loans > Mission Oaks National Bank Temecula Business Loans > Farmer Boys East Valley Parkwa Loan | ||||
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Good Sources for Escondido SBA Loans
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Loan to Buy Farmer Boys-Brea Franchise Issued By Mission Oaks National BankBorrowing money to purchase a Farmer Boys-Brea franchise? Mission Oaks National Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Escondido, California needed money to invest in a Farmer Boys-Brea franchise back in 2004. Mission Oaks National Bank issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower FARMER BOYS EAST VALLEY PARKWA SBA Loan Lender MISSION OAKS NATIONAL BANK This lender provides SBA commercial 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 722211 - Limited-Service Restaurants Loan Approval Date 10/28/2004 Loan Approval Gross Amount $1,128,200 Loan Approval from the SBA Of the total $1,128,200 loan amount, the SBA guaranteed $846,150. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Farmer Boys-Brea franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 50 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We can help you find the best banks for small businesses in Escondido 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:
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