Loan to Buy Bear Rock Cafe Franchise Issued By Temecula Valley Bank

Need money to invest in a Bear Rock Cafe franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Bear Rock Cafe franchise shouldn't be too tough. In 2002, Temecula Valley Bank issued an SBA franchise loan to an entrepreneur in Cornelius, North Carolina. Because Bear Rock Cafe was registered with the SBA's registry of franchises, this North Carolina small business loan was issued on an expedited basis.

SBA Loan Borrower

BEAR ROCK CAFE
CORNELIUS, NC 28031

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

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

722110 - Full-Service Restaurants

Loan Approval Date

2/16/2002

Loan Approval Gross Amount

$331,000

Loan Approval from the SBA

Of the total $331,000 loan amount, the SBA guaranteed $248,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Bear Rock Cafe franchise. At the time of the loan, the company had only one employee. The loan application indicated that the borrowed money would help create 15 new jobs.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Cornelius 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:

Bear Rock Cafe

Obtaining Funding - Friends and Family

SBA Approved Banks in Temecula, California

SBA California Lenders