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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Diego, Business Loans > 1st Pacific Bank Of California San Diego Business Loans > Extreme Pizza Loan | ||||
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Raising Money in Carlsbad, California With SBA Loans
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Borrow Money to Buy an Extreme Pizza FranchiseNeed a loan to invest in an Extreme Pizza franchise? 1st Pacific Bank Of California has a history of making these loans and they are guaranteed by the SBA. Extreme Pizza franchise loans are available to Carlsbad, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, 1st Pacific Bank Of California, based in San Diego, California, issued an SBA franchise loan for an Extreme Pizza franchise in 2002. We've got all the details on this California small business loan. SBA Loan Borrower EXTREME PIZZA SBA Loan Lender 1ST PACIFIC BANK OF CALIFORNIA This lender provides SBA loan for small businesses 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 4/25/2002 Loan Approval Gross Amount $167,000 Loan Approval from the SBA Of the total $167,000 loan amount, the SBA guaranteed $125,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Extreme Pizza franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower. Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today! 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: Where to Get an SBA Loan in San Diego, California
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