Jefferson Bank Provides SBA Loan to Buy Cici's Pizza Franchise

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

An entrepreneur in Forest Hill, Texas needed money to invest in a Cici's Pizza franchise back in 2003. Jefferson Bank issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

CICI'S PIZZA OF FOREST HILL
FOREST HILL, TX 76140

SBA Loan Lender

JEFFERSON BANK
5747 SAMUELL BLVD
DALLAS, TX 75228

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5182 - Wine and Distilled Alcoholic Beverages

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

4/23/2003

Loan Approval Gross Amount

$273,000

Loan Approval from the SBA

Of the total $273,000 loan amount, the SBA guaranteed $204,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Cici's Pizza franchise. At the time of the loan, the company had 25 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you want money for new small business in Forest Hill TX, you ought to talk with a local Forest Hill SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Forest Hill businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

CiCi's Pizza

Accountant's Role in Securing Financing

SBA Banks in Dallas, Texas

Where to Get an SBA Loan Texas