Borrow Money to Buy a Cici's Pizza Franchise
Need money to buy a Cici's Pizza franchise? Irwin Franchise Cap. Corp has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Cici's Pizza franchise may simply require a phone call to a local SBA banker. In 2006, Irwin Franchise Cap. Corp issued an SBA franchise loan to an entrepreneur in Carrollton, Georgia. Because Cici's Pizza was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.
SBA Loan Borrower
CICI'S PIZZA
CARROLLTON, GA 30117
SBA Loan Lender
IRWIN FRANCHISE CAP. CORP
10 PARAGON DR
MONTVALE, NJ 07645
The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
12/20/2006
Loan Approval Gross Amount
$350,000
Loan Approval from the SBA
Of the total $350,000 loan amount, the SBA guaranteed $175,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Cici's 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 20 new jobs and retain 21 existing jobs.
Start the Process for Getting an SBA Loan Today!
Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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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