Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Eunice, New Mexico Bank Loan

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Big Cheese Piza Franchise

Need a loan to buy a Big Cheese Piza franchise? Western Commerce Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Eunice, New Mexico needed money to invest in a Big Cheese Piza franchise back in 2003. Western Commerce Bank issued an SBA franchise loan. Here are the details on this New Mexico small business loan.

SBA Loan Borrower

BIG CHEESE PIZZA
EUNICE, NM 88231

SBA Loan Lender

WESTERN COMMERCE BANK
127 S CANYON ST
CARLSBAD, NM 88220

This SBA loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending history and a deep knowledge SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

12/9/2003

Loan Approval Gross Amount

$70,400

Loan Approval from the SBA

Of the total $70,400 loan amount, the SBA guaranteed $59,840.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Big Cheese Piza franchise. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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