Loan to Buy Pizza Inn Franchise Issued By First International Bank

Borrowing money to invest in a Pizza Inn franchise? First International Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Pizza Inn franchise? If so, here's a 2005 SBA franchise loan that you should know about. First International Bank was the lender and the entrepreneur was based in Balch Springs, Texas.

SBA Loan Borrower

PIZZA INN
BALCH SPRINGS, TX 75180

SBA Loan Lender

FIRST INTERNATIONAL BANK
1912 AVE K, STE 100
PLANO, TX 75074

This bank loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

6/3/2005

Loan Approval Gross Amount

$431,300

Loan Approval from the SBA

Of the total $431,300 loan amount, the SBA guaranteed $323,475.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Pizza Inn franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My 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 Balch Springs 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.

Related Links:

Pizza Inn, Inc.

504 Loans

Best Banks in Plano, Texas

Browse All Business Loan Sources for Texas