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

Business Loans for Yorba Linda Business Owners

 

 
Loan Census SBA Loan Info

Metropacific Bank Provides SBA Loan to Buy Charo Chicken Franchise

Borrowing money to buy a Charo Chicken franchise? Metropacific Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Charo Chicken franchise? If so, here's a 2007 SBA franchise loan that you should know about. Metropacific Bank was the lender and the entrepreneur was based in Yorba Linda, California.

SBA Loan Borrower

FLAVIO U. NAIBERG DBA CHARO CH
YORBA LINDA, CA 92886

SBA Loan Lender

METROPACIFIC BANK
18831 VON KARMAN AVE, STE 101
IRVINE, CA 92612

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

11/27/2007

Loan Approval Gross Amount

$245,000

Loan Approval from the SBA

Of the total $245,000 loan amount, the SBA guaranteed $183,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Charo Chicken franchise. At the time of the loan, the company had 8 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 8 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in Yorba Linda CA, you ought to talk with a local Yorba Linda SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Yorba Linda businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Metropacific Bank and they will explain how you can get an SBA loan for your company.

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:

Understanding Dilution

Best Banks for Small Business in Irvine, California

California SBA Banks