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April 28, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Escondido, Business Loans > Pacific Western Bank Escondido Business Loans > Guest House Inn Loan | ||||
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SBA Lenders for Ontario, California Entrepreneurs
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Loan to Buy Guesthouse Inn Franchise Issued By Pacific Western BankBorrowing money to buy a Guesthouse Inn franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Ontario, California needed money to invest in a Guesthouse Inn franchise back in 2001. Pacific Western Bank issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower GUEST HOUSE INN SBA Loan Lender PACIFIC WESTERN BANK This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 2/26/2001 Loan Approval Gross Amount $1,333,300 Loan Approval from the SBA Of the total $1,333,300 loan amount, the SBA guaranteed $999,975. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Guesthouse Inn franchise. At the time of the loan, the company had 8 employees. The loan application indicated that the loan would help retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This SBA loan was for $1,333,300. How would you spend $1,333,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Where to Get an SBA Loan in Escondido, California
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