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April 19, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Goleta, Business Loans > Community W. Bank Goleta Business Loans > Best Western Royal Host Inn Ll Loan | ||||
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Lodi, California Bank for SBA Loans
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California Entrepreneur Secures Financing to Buy Bestline Products FranchiseNeed a loan to invest in a Bestline Products franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Lodi, California and are interested in buying a Bestline Products franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Community W. Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower BEST WESTERN ROYAL HOST INN LL SBA Loan Lender COMMUNITY W. BANK 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 721110 - Hotels and Motels Loan Approval Date 1/10/2003 Loan Approval Gross Amount $950,000 Loan Approval from the SBA Of the total $950,000 loan amount, the SBA guaranteed $712,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Bestline Products franchise. At the time of the loan, the company had 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs. Next Steps for Getting an SBA Loan SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Community W. Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
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