El Dorado Hills, CA Entrepreneur Gets SBA Loan to Buy Steve's Place Pizza Pasta And Grill Franchise

Borrowing money to invest in a Steve's Place Pizza Pasta And Grill franchise? Umpqua Bank has a history of making these loans and they are guaranteed by the SBA.

Steve's Place Pizza Pasta And Grill franchise loans are available to El Dorado Hills, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Umpqua Bank, based in Cameron Park, California, issued an SBA franchise loan for a Steve's Place Pizza Pasta And Grill franchise in 2006. We've got all the details on this California small business loan.

SBA Loan Borrower

STEVE'S PIZZA
EL DORADO HILLS, CA 95762

SBA Loan Lender

UMPQUA BANK
4080 PLAZA GOLDORADO CIR
CAMERON PARK, CA 95682

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

5/2/2006

Loan Approval Gross Amount

$706,500

Loan Approval from the SBA

Of the total $706,500 loan amount, the SBA guaranteed $529,875.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Steve's Place Pizza Pasta And Grill franchise. At the time of the loan, the company had 14 employees. The loan application indicated that the loan would help generate 1 new job and retain 14 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

This SBA loan was for $706,500. How would you spend $706,500 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.

Related Links:

Obtaining Funding - How to Borrow Money

Good Banks for Small Business in Cameron Park, California

SBA California Banks