Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Business Loans for Arlington Business Owners

 

 
Loan Census SBA Loan Info

Texas Entrepreneur Secures Financing to Buy Cici's Pizza Franchise

Borrowing money to purchase a Cici's Pizza franchise? Jefferson Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Cici's Pizza franchise is doable. In 2004, Jefferson Bank issued an SBA franchise loan to an entrepreneur in Arlington, Texas. Because Cici's Pizza was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

CICI'S PIZZA #536
ARLINGTON, TX 76018

SBA Loan Lender

JEFFERSON BANK
18333 PRESTON RD, STE 100
DALLAS, TX 75252

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to American small businesses.

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

6/16/2004

Loan Approval Gross Amount

$368,000

Loan Approval from the SBA

Of the total $368,000 loan amount, the SBA guaranteed $276,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cici's Pizza franchise. At the time of the loan, the company had 25 employees. The SBA loan documents did not indicate that the business planned to use the money 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.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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:

CiCi's Pizza

Business Incubators

Best Banks for Small Business in Dallas, Texas

SBA Lenders in Texas