Borrow Money to Buy a Mountain Mike's Pizza Franchise
Borrowing money to buy a Mountain Mike's Pizza franchise? Valley Community Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Mountain Mike's Pizza franchise may simply require a phone call to a local SBA banker. In 2007, Valley Community Bank issued an SBA franchise loan to an entrepreneur in Brentwood, California. Because Mountain Mike's Pizza was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.
SBA Loan Borrower
INDERJIT SINGH DHANJU DBA MOUN
BRENTWOOD, CA 94513
SBA Loan Lender
VALLEY COMMUNITY BANK
465 MAIN ST
PLEASANTON, CA 94566
This lender provides SBA bank 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
722110 - Full-Service Restaurants
Loan Approval Date
6/18/2007
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $225,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Mountain Mike's Pizza franchise. At the time of the loan, the company
had 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.
Getting an SBA Loan For Your Business
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 Valley Community 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:
Mountain Mike's Pizza
Strategic Investors
SBA 7A Lenders in Pleasanton, California
Getting a Business Loan in California