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November 14, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > Houston, Business Loans > Small Business Loan Source LLC Houston Business Loans > Dawson's Pizza Loan | ||||
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Small Business Loan Source LLC SBA Franchise Loans
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Small Business Loan Source LLC Provides SBA Loan to Buy Cici's Pizza FranchiseNeed a loan to invest in a Cici's Pizza franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA. Cici's Pizza franchise loans are available to Columbia, South Carolina entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Small Business Loan Source LLC, based in Houston, Texas, issued an SBA franchise loan for a Cici's Pizza franchise in 2007. We've got all the details on this South Carolina small business loan. SBA Loan Borrower DAWSON'S PIZZA SBA Loan Lender SMALL BUSINESS LOAN SOURCE LLC 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 8/27/2007 Loan Approval Gross Amount $588,000 Loan Approval from the SBA Of the total $588,000 loan amount, the SBA guaranteed $441,000. 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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 25 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. 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: Find an SBA Lender in Houston, Texas
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