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April 25, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Sacramento, Business Loans > California Bank & Trust Sacramento Business Loans > Jack In The Box Loan | ||||
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Business Loans for Berkeley Small Business Owners
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Borrow Money to Buy a Jack-In-The-Box FranchiseNeed a loan to invest in a Jack-In-The-Box franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Jack-In-The-Box franchise? If so, here's a 2003 SBA franchise loan that you should know about. California Bank & Trust was the lender and the entrepreneur was based in Berkeley, California. SBA Loan Borrower JACK IN THE BOX SBA Loan Lender CALIFORNIA BANK & TRUST 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 9/15/2003 Loan Approval Gross Amount $1,155,000 Loan Approval from the SBA Of the total $1,155,000 loan amount, the SBA guaranteed $866,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Jack-In-The-Box franchise. At the time of the loan, the company had 25 employees. This SBA loan request indicated that the loan would help retain 25 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from California Bank & Trust so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 Sacramento, California Loans
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