Loan Census Banking News and Information
April 18, 2024  
 
 
  Business Loan Information  
 

Advice for Getting a Franchise Loan

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Great Harvest Bread Co. Franchise

Need money to buy a Great Harvest Bread Co. franchise? Coast Comm. Bank A Division - has a history of making these loans and they are guaranteed by the SBA.

If you live near Fresno, California and are interested in buying a Great Harvest Bread Co. franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Coast Comm. Bank A Division -. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

GREAT HARVEST BREAD CO
FRESNO, CA 93720

SBA Loan Lender

COAST COMM. BANK A DIVISION -
75 RIVER ST
SANTA CRUZ, CA 95060

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

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

7/25/2002

Loan Approval Gross Amount

$106,000

Loan Approval from the SBA

Of the total $106,000 loan amount, the SBA guaranteed $90,100.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Great Harvest Bread Co. franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $106,000. How would you spend $106,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Great Harvest Bread Company

Business Line of Credit

SBA 7A Lenders in Santa Cruz, California

SBA California Banks