Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Texas Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Carrollton, TX Entrepreneur Gets SBA Loan to Buy Cici's Pizza Franchise

Need money to buy a Cici's Pizza franchise? The Frost National Bank has a history of making these loans and they are guaranteed by the SBA.

Cici's Pizza franchise loans are available to Carrollton, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Frost National Bank, based in San Antonio, Texas, issued an SBA franchise loan for a Cici's Pizza franchise in 2002. We've got all the details on this Texas small business loan.

SBA Loan Borrower

CICI'S PIZZA RESTAURANT #20
CARROLLTON, TX 75006

SBA Loan Lender

THE FROST NATIONAL BANK
100 W HOUSTON ST
SAN ANTONIO, TX 78205

This lender provides SBA commercial 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

4/8/2002

Loan Approval Gross Amount

$240,000

Loan Approval from the SBA

Of the total $240,000 loan amount, the SBA guaranteed $180,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Cici's Pizza franchise. At the time of the loan, the company had 15 employees. The loan application indicated that the loan would help retain 15 existing jobs.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We've showcased information on this loan to let you know that businesses like yours 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.

Related Links:

CiCi's Pizza

Accountant's Role in Securing Financing

Good Banks for Small Business in San Antonio, Texas

SBA Lenders in Texas