Loan Census Banking News and Information
April 24, 2024  
 
 
  Business Loan Information  
 

Inland Commun Bank Franchise Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Strings Italian Cafe Franchise

Need a loan to purchase a Strings Italian Cafe franchise? Inland Commun Bank has a history of making these loans and they are guaranteed by the SBA.

Strings Italian Cafe franchise loans are available to Fresno, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Inland Commun Bank, based in Rialto, California, issued an SBA franchise loan for a Strings Italian Cafe franchise in 2006. We've got all the details on this California small business loan.

SBA Loan Borrower

STRINGS ITALIAN CAFE - FRESNO
FRESNO, CA 93720

SBA Loan Lender

INLAND COMMUN BANK
255 S RIVERSIDE AVE
RIALTO, CA 92376

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

4/20/2006

Loan Approval Gross Amount

$458,400

Loan Approval from the SBA

Of the total $458,400 loan amount, the SBA guaranteed $343,800.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Strings Italian Cafe franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 18 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $458,400 loan. Remember, if it to be, it is up to me!

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:

Business Incubators

SBA Participating Banks in Rialto, California

California SBA 7A Lenders