Stockton, CA Entrepreneur Gets SBA Loan to Buy Jimboy's Tacos Franchise

Need money to purchase a Jimboy's Tacos franchise? Cupertino National Bank A Division has a history of making these loans and they are guaranteed by the SBA.

Jimboy's Tacos franchise loans are available to Stockton, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Cupertino National Bank A Division, based in Cupertino, California, issued an SBA franchise loan for a Jimboy's Tacos franchise in 2000. We've got all the details on this California small business loan.

SBA Loan Borrower

JIMBOY'S
STOCKTON, CA 95219

SBA Loan Lender

CUPERTINO NATIONAL BANK A DIVISION
20230 STEVENS CREEK BLVD
CUPERTINO, CA 95014

This lender issued this commercial loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

6/14/2000

Loan Approval Gross Amount

$281,000

Loan Approval from the SBA

Of the total $281,000 loan amount, the SBA guaranteed $210,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Jimboy's Tacos franchise. At the time of the loan, the company had 20 employees. The SBA loan documents did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $281,000. How would you spend $281,000 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.

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