Loan to Buy Cici's Pizza Franchise Issued By Great Southern National Bank

Need a loan to buy a Cici's Pizza franchise? Great Southern National Bank has a history of making these loans and they are guaranteed by the SBA.

Cici's Pizza franchise loans are available to Flowood, Mississippi entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Great Southern National Bank, based in Meridian, Mississippi, issued an SBA franchise loan for a Cici's Pizza franchise in 2005. We've got all the details on this Mississippi small business loan.

SBA Loan Borrower

CICI'S PIZZA
FLOWOOD, MS 39232

SBA Loan Lender

GREAT SOUTHERN NATIONAL BANK
218 22ND AVE SOUTH
MERIDIAN, MS 39301

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/13/2005

Loan Approval Gross Amount

$348,500

Loan Approval from the SBA

Of the total $348,500 loan amount, the SBA guaranteed $261,375.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cici's Pizza franchise. At the time of the loan, the company had 50 employees. The SBA loan documents did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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