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

SBA Franchise Financing Lender Covina California

 

 
Loan Census SBA Loan Info

Covina, CA Entrepreneur Gets SBA Loan to Buy Red Brick Pizza Franchise

Need money to purchase a Red Brick Pizza franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Red Brick Pizza franchise loans are available to Covina, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Dallas, Texas, issued an SBA franchise loan for a Red Brick Pizza franchise in 2004. We've got all the details on this California small business loan.

SBA Loan Borrower

RED BRICK PIZZA COVINA
COVINA, CA 91724

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This lender provides SBA debt financing 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

722211 - Limited-Service Restaurants

Loan Approval Date

12/22/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 16 employees. The SBA loan documents indicated that the loan would help generate 16 new jobs and retain 16 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Comerica Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for 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

The Friends and Family Network

Best Banks in Dallas, Texas

SBA Texas Lenders