Loan Census Banking News and Information
November 14, 2024  
 
 
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Woodforest National Bank Small Business Franchise Loan

 

 
Loan Census SBA Loan Info

Woodforest National Bank Provides SBA Loan to Buy Red Brick Pizza Franchise

Borrowing money to invest in a Red Brick Pizza franchise? Woodforest National Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Austin, Texas and are interested in buying a Red Brick Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Woodforest National Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

RED BRICK PIZZA-PARKLINE
AUSTIN, TX 78717

SBA Loan Lender

WOODFOREST NATIONAL BANK
13301 EAST FRWY
HOUSTON, TX 77015

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

11/2/2006

Loan Approval Gross Amount

$240,000

Loan Approval from the SBA

Of the total $240,000 loan amount, the SBA guaranteed $180,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Red Brick Pizza franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the borrowed money would help create 11 new jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Austin or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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Red Brick Pizza

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Texas SBA Banks