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July 12, 2024  
 
 
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How to Get SBA Loans in Hollister, California

 

 
Loan Census SBA Loan Info

Hollister, CA Entrepreneur Gets SBA Loan to Buy Straw Hat Pizza Franchise

Need money to purchase a Straw Hat Pizza franchise? Saehan Bank has a history of making these loans and they are guaranteed by the SBA.

Straw Hat Pizza franchise loans are available to Hollister, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Saehan Bank, based in Los Angeles, California, issued an SBA franchise loan for a Straw Hat Pizza franchise in 2005. We've got all the details on this California small business loan.

SBA Loan Borrower

NOEIL SERIAN & BLENDA MOUSHABA
Hollister, CA 95023

SBA Loan Lender

SAEHAN BANK
3580 WILSHIRE BLVD, STE 1500
LOS ANGELES, CA 90010

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/18/2005

Loan Approval Gross Amount

$132,000

Loan Approval from the SBA

Of the total $132,000 loan amount, the SBA guaranteed $66,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Straw Hat Pizza franchise. At the time of the loan, the company had 12 employees. The SBA loan application for the borrower indicated that the loan would help retain 12 existing jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Saehan Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Straw Hat Pizza

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SBA Banks in Los Angeles, California

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