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

Beaverton, Oregon Bank Loan

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an Eatza Pizza Franchise

Borrowing money to buy an Eatza Pizza franchise? West Coast Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Eatza Pizza franchise shouldn't be too tough. In 2003, West Coast Bank issued an SBA franchise loan to an entrepreneur in Beaverton, Oregon. Because Eatza Pizza was registered with the SBA's registry of franchises, this Oregon small business loan was issued on an expedited basis.

SBA Loan Borrower

EATZA PIZZA
BEAVERTON, OR 97006

SBA Loan Lender

WEST COAST BANK
5335 MEADOWS RD
LAKE OSWEGO, OR 97035

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/3/2003

Loan Approval Gross Amount

$105,000

Loan Approval from the SBA

Of the total $105,000 loan amount, the SBA guaranteed $89,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Eatza Pizza franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 24 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. West Coast Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, West Coast Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Eatza Pizza, Inc.

How to Raise Money

SBA Banks in Lake Oswego, Oregon

Getting an SBA Loan in Oregon