 |
 |
April 25, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > California Business Loan Sources > Victorville, Business Loans > East West Bank, A Division Of Victorville Business Loans > A And W Restaurant Loan | ||||
 |
||||
Raising Money in Victorville, California With SBA Loans
|
||||
 |
East West Bank, A Division Of Provides SBA Loan to Buy A & W Restaurant FranchiseNeed money to invest in an A & W Restaurant franchise? East West Bank, A Division Of has a history of making these loans and they are guaranteed by the SBA. Getting money to buy an A & W Restaurant franchise may simply require a phone call to a local SBA banker. In 2003, East West Bank, A Division Of issued an SBA franchise loan to an entrepreneur in Victorville, California. Because A & W Restaurant was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis. SBA Loan Borrower A AND W RESTAURANT SBA Loan Lender EAST WEST BANK, A DIVISION OF This lender provides SBA debt financing 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 6/30/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy an A & W Restaurant franchise. At the time of the loan, the company had 20 employees. This SBA loan request indicated that the loan would help retain 20 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like East West Bank, A Division Of and they will explain how you can get an SBA loan for your company. 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: The Friends and Family Network Good Banks for Small Business in Victorville, California
|
|
||
|
||||
|
|
||||