Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

SBA Franchise Lenders in California

 

 
Loan Census SBA Loan Info

Loan to Buy Port Of Subs Franchise Issued By Valley Community Bank

Need money to purchase a Port Of Subs franchise? Valley Community Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Port Of Subs franchise shouldn't be too tough. In 2007, Valley Community Bank issued an SBA franchise loan to an entrepreneur in Fresno, California. Because Port Of Subs was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

PORT OF SUBS
FRESNO, CA 93711

SBA Loan Lender

VALLEY COMMUNITY BANK
465 MAIN ST
PLEASANTON, CA 94566

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

9/18/2007

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Port Of Subs franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Port of Subs, Inc.

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