Cit Small Business Lending Corp Provides SBA Loan to Buy Garlic Jim's Famous Gourmet Pizza Franchise

Need money to invest in a Garlic Jim's Famous Gourmet Pizza franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Garlic Jim's Famous Gourmet Pizza franchise is doable. In 2007, Cit Small Business Lending Corp issued an SBA franchise loan to an entrepreneur in Highlands Ranch, Colorado. Because Garlic Jim's Famous Gourmet Pizza was registered with the SBA's registry of franchises, this Colorado small business loan was issued on an expedited basis.

SBA Loan Borrower

GARLIC JIM'S FAMOUS GOURMET PI
HIGHLANDS RANCH, CO 80129

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/14/2007

Loan Approval Gross Amount

$326,500

Loan Approval from the SBA

Of the total $326,500 loan amount, the SBA guaranteed $244,875.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Garlic Jim's Famous Gourmet Pizza franchise. At the time of the loan, the company had 25 employees. The SBA loan application for the borrower indicated that the borrowed money would help generate 25 new jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $326,500. How would you spend $326,500 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.

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