Loan Census Banking News and Information
March 29, 2024  
 
 
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Advice for Financing a Franchise

 

 
Loan Census SBA Loan Info

California Entrepreneur Secures Financing to Buy Eaglerider Franchise

Need a loan to buy an Eaglerider franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Eaglerider franchise? If so, here's a 2006 SBA franchise loan that you should know about. Community W. Bank was the lender and the entrepreneur was based in Gardena, California.

SBA Loan Borrower

AIM MAIL CENTER #148
GARDENA, CA 90248

SBA Loan Lender

COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117

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

561431 - Private Mail Centers

Loan Approval Date

2/21/2006

Loan Approval Gross Amount

$133,000

Loan Approval from the SBA

Of the total $133,000 loan amount, the SBA guaranteed $113,050.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Eaglerider franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

EagleRider

Debt Financing

SBA 7A Lenders in Goleta, California

California SBA 7A Lenders