Jefferson Bank Provides SBA Loan to Buy Cici's Pizza Franchise

Borrowing money to buy 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 requires some effort but others before you have been successful. In 2006, 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 #719
ARLINGTON, TX 76018

SBA Loan Lender

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

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

12/6/2006

Loan Approval Gross Amount

$493,000

Loan Approval from the SBA

Of the total $493,000 loan amount, the SBA guaranteed $369,750.

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 loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to add 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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Jefferson Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

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