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April 16, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Simi Valley, Business Loans > Union Bank Of California Simi Valley Business Loans > Rocky Mountain Chocolate Facto Loan | ||||
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Union Bank Of California SBA Franchise Loans
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Union Bank Of California Provides SBA Loan to Buy Rocky Mountain Chocolate Factory FranchiseNeed money to invest in a Rocky Mountain Chocolate Factory franchise? Union Bank Of California has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Rocky Mountain Chocolate Factory franchise? If so, here's a 2000 SBA franchise loan that you should know about. Union Bank Of California was the lender and the entrepreneur was based in Simi (simi Valley), California. SBA Loan Borrower ROCKY MOUNTAIN CHOCOLATE FACTO SBA Loan Lender UNION BANK OF CALIFORNIA 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 445292 - Confectionery and Nut Stores Loan Approval Date 12/14/2000 Loan Approval Gross Amount $155,000 Loan Approval from the SBA Of the total $155,000 loan amount, the SBA guaranteed $116,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Rocky Mountain Chocolate Factory franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Rocky Mountain Chocolate Factory Family and Friend Investors - Your First Financiers SBA Approved Banks in Simi Valley, California Getting a Business Loan in California
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