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March 29, 2024  
 
 
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Where to Get an SBA 7A Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Loan to Buy El Pollo Loco Franchise Issued By California Bank & Trust

Need a loan to purchase an El Pollo Loco franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

El Pollo Loco franchise loans are available to Tustin, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, California Bank & Trust, based in Sacramento, California, issued an SBA franchise loan for an El Pollo Loco franchise in 2000. We've got all the details on this California small business loan.

SBA Loan Borrower

EL POLLO LOCO
TUSTIN, CA 92680

SBA Loan Lender

CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833

This loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

6/21/2000

Loan Approval Gross Amount

$758,000

Loan Approval from the SBA

Of the total $758,000 loan amount, the SBA guaranteed $568,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an El Pollo Loco franchise. At the time of the loan, the company had 53 employees. The loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $758,000 loan. Remember, things become real when you believe you can achieve them!

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:

El Pollo Loco, Inc.

Direct Public Offerings

Small Bank Loans in Sacramento, California

Getting a Business Loan in California