Loan to Buy Red Brick Pizza Franchise Issued By Cit Small Business Lending Corp

Borrowing money to buy a Red Brick Pizza franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Centennial, Colorado needed money to invest in a Red Brick Pizza franchise back in 2007. Cit Small Business Lending Corp issued an SBA franchise loan. Here are the details on this Colorado small business loan.

SBA Loan Borrower

REDBRICK PIZZA
CENTENNIAL, CO 80111

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

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

722110 - Full-Service Restaurants

Loan Approval Date

7/19/2007

Loan Approval Gross Amount

$425,000

Loan Approval from the SBA

Of the total $425,000 loan amount, the SBA guaranteed $318,750.

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 15 employees. The SBA loan documents indicated that the borrowed money would help generate 15 new jobs.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in Centennial CO, you ought to talk with a local Centennial SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Centennial businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Cit Small Business Lending Corp and they will explain how you can get an SBA loan for your company.

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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