California Entrepreneur Secures Financing to Buy Red Brick Pizza Franchise
Need money to invest in a Red Brick Pizza franchise? Gateway Business 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 2005 SBA franchise loan that you should know about. Gateway Business Bank was the lender and the entrepreneur was based in Corona, California.
SBA Loan Borrower
RED BRICK PIZZA
CORONA, CA 92882
SBA Loan Lender
GATEWAY BUSINESS BANK
18000 STUDEBAKER RD, STE 550
CERRITOS, CA 90703
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
7/15/2005
Loan Approval Gross Amount
$217,000
Loan Approval from the SBA
Of the total $217,000 loan amount, the SBA guaranteed $162,750.
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 2 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
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.
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 $217,000 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.
Related Links:
Red Brick Pizza
How Equity Dilution Works
SBA Approved Banks in Cerritos, California
California SBA 7A Lenders