Cypress, TX Entrepreneur Gets SBA Loan to Buy Pizza Factory Franchise
Need a loan to buy a Pizza Factory franchise? Woodforest National Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Pizza Factory franchise is doable. In 2004, Woodforest National Bank issued an SBA franchise loan to an entrepreneur in Cypress, Texas. Because Pizza Factory was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.
SBA Loan Borrower
PIZZA FACTORY
CYPRESS, TX 77433
SBA Loan Lender
WOODFOREST NATIONAL BANK
13301 EAST FRWY
HOUSTON, TX 77015
This lender provides SBA loans 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
722110 - Full-Service Restaurants
Loan Approval Date
7/30/2004
Loan Approval Gross Amount
$369,000
Loan Approval from the SBA
Of the total $369,000 loan amount, the SBA guaranteed $276,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Pizza Factory franchise. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help generate 37 new jobs and retain 3 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
This SBA loan was for $369,000. How would you spend $369,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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