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April 16, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Irvine, Business Loans > Metropacific Bank Irvine Business Loans > Sentaniel, Inc. And Allience, Inc. Dba Bur Loan | ||||
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How to Get SBA Loans in Upland, California
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Upland, CA Entrepreneur Gets SBA Loan to Buy Burger King FranchiseBorrowing money to purchase a Burger King franchise? Metropacific Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Upland, California needed money to invest in a Burger King franchise back in 2007. Metropacific Bank issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower SENTANIEL, INC. AND ALLIENCE, INC. DBA BUR SBA Loan Lender METROPACIFIC BANK This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 8/23/2007 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Burger King franchise. At the time of the loan, the company had 100 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 102 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. 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 $300,000 loan. Remember, anyone can do it... so why not you? 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: Best Irvine, California Banks for Small Business
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