Texas Entrepreneur Secures Financing to Buy Doubledave's Pizzaworks Franchise

Borrowing money to buy a Doubledave's Pizzaworks franchise? Texas First Bank Santa Fe has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Allen, Texas needed money to invest in a Doubledave's Pizzaworks franchise back in 2004. Texas First Bank Santa Fe issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

DOUBLEDAVE'S PIZZA WORKS
ALLEN, TX 75013

SBA Loan Lender

TEXAS FIRST BANK SANTA FE
111 W PARKWOOD
FRIENDSWOOD, TX 77546

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

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

4/20/2004

Loan Approval Gross Amount

$314,000

Loan Approval from the SBA

Of the total $314,000 loan amount, the SBA guaranteed $235,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Doubledave's Pizzaworks franchise. At the time of the loan, the company had 30 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

DoubleDave's Pizzaworks Systems

Small Business Credit Cards

Best Banks in Friendswood, Texas

SBA Texas Lenders