California Entrepreneur Secures Financing to Buy Stuft Pizza Franchise

Need a loan to buy a Stuft Pizza franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Huntington Beach, California and are interested in buying a Stuft Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Temecula Valley Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

HUNTINGTON BEACH OGGIE'S PIZZA
HUNTINGTON BEACH, CA 92648

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

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

722110 - Full-Service Restaurants

Loan Approval Date

4/2/2002

Loan Approval Gross Amount

$579,100

Loan Approval from the SBA

Of the total $579,100 loan amount, the SBA guaranteed $434,325.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Stuft Pizza franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 60 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $579,100 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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