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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