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March 28, 2024  
 
 
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How to Get SBA Loans in Encinitas, California

 

 
Loan Census SBA Loan Info

Encinitas, CA Entrepreneur Gets SBA Loan to Buy Winestyles Franchise

Need money to buy a Winestyles franchise? Spectrum Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Encinitas, California needed money to invest in a Winestyles franchise back in 2005. Spectrum Bank issued an SBA franchise loan. Here are the details on this California small business loan.

SBA Loan Borrower

WINESTYLES
ENCINITAS, CA 92024

SBA Loan Lender

SPECTRUM BANK
15615 ALTON PKWY
IRVINE, CA 92618

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

11/29/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Winestyles franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the company promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Spectrum Bank 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:

WineStyles Inc.

Equity Financing

Small Bank Loans in Irvine, California

Getting a Business Loan in California