Umb Bank Provides SBA Loan to Buy Red Brick Pizza Franchise
Borrowing money to invest in a Red Brick Pizza franchise? Umb Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Red Brick Pizza franchise? If so, here's a 2006 SBA franchise loan that you should know about. Umb Bank was the lender and the entrepreneur was based in Carrollton, Texas.
SBA Loan Borrower
REDBRICK PIZZA
CARROLLTON, TX 75010
SBA Loan Lender
UMB BANK
1010 GRAND BLVD
KANSAS CITY, MO 64106
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
6/20/2006
Loan Approval Gross Amount
$252,700
Loan Approval from the SBA
Of the total $252,700 loan amount, the SBA guaranteed $189,525.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Red Brick Pizza franchise. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help generate 25 new jobs and retain 28 existing jobs.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $252,700 loan. Remember, anyone can do it... so why not 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.
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