Borrow Money to Buy a Roosters Franchise
Borrowing money to buy a Roosters franchise? Umpqua Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Roosters franchise requires some effort but others before you have been successful. In 2003, Umpqua Bank issued an SBA franchise loan to an entrepreneur in Garberville, California. Because Roosters was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.
SBA Loan Borrower
GARBERVILLE, CA 95560
SBA Loan Lender
1050 PLEASANT GROVE, STE 110
ROSEVILLE, CA 95678
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.
441310 - Automotive Parts and Accessories Stores
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $144,000 loan amount, the SBA guaranteed $122,400.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Roosters franchise. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower indicated that the funding would help generate 4 new jobs.
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SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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.
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