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March 29, 2024  
 
 
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Borrow Money to Buy a Jody Marconi's Sausage Kingdom Franchise

Borrowing money to buy a Jody Marconi's Sausage Kingdom franchise? Cathay Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Irvine, California needed money to invest in a Jody Marconi's Sausage Kingdom franchise back in 2002. Cathay Bank issued an SBA franchise loan. Here are the details on this California small business loan.

SBA Loan Borrower

JODY MARONI'S SAUSAGE KINGDOM
IRVINE, CA 92618

SBA Loan Lender

CATHAY BANK
1420 E VALLEY BLVD
ALHAMBRA, CA 91801

This lender provides SBA guaranteed 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

722211 - Limited-Service Restaurants

Loan Approval Date

10/24/2002

Loan Approval Gross Amount

$130,000

Loan Approval from the SBA

Of the total $130,000 loan amount, the SBA guaranteed $110,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Jody Marconi's Sausage Kingdom franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help create 10 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? 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.

Related Links:

Jody Maroni's Sausage Kingdom

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