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May 2, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Santa Barbara, Business Loans > Pacific Cap. Bank Santa Barbara Business Loans > Lucky's Unocal Loan | ||||
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Pacific Cap. Bank SBA Franchise Loans
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Pacific Cap. Bank Provides SBA Loan to Buy Union 76 Oil FranchiseNeed money to buy an Union 76 Oil franchise? Pacific Cap. Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy an Union 76 Oil franchise? If so, here's a 2003 SBA franchise loan that you should know about. Pacific Cap. Bank was the lender and the entrepreneur was based in San Fernando, California. SBA Loan Borrower LUCKY'S UNOCAL SBA Loan Lender PACIFIC CAP. BANK 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 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 11/26/2003 Loan Approval Gross Amount $729,000 Loan Approval from the SBA Of the total $729,000 loan amount, the SBA guaranteed $546,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy an Union 76 Oil franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: A Company That Helps Entrepreneurs SBA Approved Banks in Santa Barbara, California Getting a Business Loan in California
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