Loan to Buy Extreme Pita the Franchise Issued By Small Business Loan Source LLC

Need a loan to buy an Extreme Pita the franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Dublin, California needed money to invest in an Extreme Pita the franchise back in 2006. Small Business Loan Source LLC issued an SBA franchise loan. Here are the details on this California small business loan.

SBA Loan Borrower

EXTREME PITA
DUBLIN, CA 95134

SBA Loan Lender

SMALL BUSINESS LOAN SOURCE LLC
9801 WESTHEIMER RD #1100
HOUSTON, TX 77056

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

8/24/2006

Loan Approval Gross Amount

$171,000

Loan Approval from the SBA

Of the total $171,000 loan amount, the SBA guaranteed $128,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Extreme Pita the franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the borrowed money would help generate 13 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Extreme Pita

Obtaining Funding - How to Borrow Money

Banks in Houston, Texas

Where to Get an SBA Loan Texas