Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

I Need a Loan to Buy a Franchise in Folsom, California

 

 
Loan Census SBA Loan Info

California Entrepreneur Secures Financing to Buy Taco Del Mar Franchise

Need a loan to buy a Taco Del Mar franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Taco Del Mar franchise loans are available to Folsom, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, California Bank & Trust, based in Sacramento, California, issued an SBA franchise loan for a Taco Del Mar franchise in 2005. We've got all the details on this California small business loan.

SBA Loan Borrower

TACO DEL MAR
FOLSOM, CA 95630

SBA Loan Lender

CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833

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

722211 - Limited-Service Restaurants

Loan Approval Date

6/13/2005

Loan Approval Gross Amount

$163,700

Loan Approval from the SBA

Of the total $163,700 loan amount, the SBA guaranteed $122,775.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Taco Del Mar franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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 California Bank & Trust 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:

Taco Del Mar

Financing Your Business

Best Banks for Small Business in Sacramento, California

SBA Lenders in California