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April 24, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Goleta, Business Loans > Community W. Bank Goleta Business Loans > Baja Fresh Mexican Grill Loan | ||||
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Pacific, California Bank Loan
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Community W. Bank Provides SBA Loan to Buy Baja Fresh Mexican Grill FranchiseNeed a loan to invest in a Baja Fresh Mexican Grill franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Baja Fresh Mexican Grill franchise? If so, here's a 2001 SBA franchise loan that you should know about. Community W. Bank was the lender and the entrepreneur was based in Pacific, California. SBA Loan Borrower BAJA FRESH MEXICAN GRILL SBA Loan Lender COMMUNITY W. BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 5/30/2001 Loan Approval Gross Amount $480,000 Loan Approval from the SBA Of the total $480,000 loan amount, the SBA guaranteed $360,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Baja Fresh Mexican Grill franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 54 new jobs and retain 55 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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. Related Links: Role of Business Plan When Raising Money Where to Get an SBA Loan in Goleta, California Browse All Business Loan Sources for California
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