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November 21, 2024  
 
 
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I Need an SBA 7A Loan to Buy a Franchise in Houston, Texas

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Pizza Patron Franchise

Borrowing money to purchase a Pizza Patron franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Pizza Patron franchise shouldn't be overly burdensome. In 2006, Banco Popular North America issued an SBA franchise loan to an entrepreneur in Houston, Texas. Because Pizza Patron was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

PIZZA PATRON
HOUSTON, TX 77008

SBA Loan Lender

BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

10/4/2006

Loan Approval Gross Amount

$174,800

Loan Approval from the SBA

Of the total $174,800 loan amount, the SBA guaranteed $131,100.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pizza Patron franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Banco Popular North America and they will explain how you can get an SBA loan for your company.

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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