Texas Entrepreneur Secures Financing to Buy Mr. Jim's Pizza Franchise

Borrowing money to buy a Mr. Jim's Pizza franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Mr. Jim's Pizza franchise loans are available to Irving, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Jpmorgan Chase Bank, based in Houston, Texas, issued an SBA franchise loan for a Mr. Jim's Pizza franchise in 2003. We've got all the details on this Texas small business loan.

SBA Loan Borrower

MR JIM'S PIZZA #72
IRVING, TX 75060

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

7/8/2003

Loan Approval Gross Amount

$29,000

Loan Approval from the SBA

Of the total $29,000 loan amount, the SBA guaranteed $14,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Mr. Jim's Pizza franchise. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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 $29,000 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.

Related Links:

Mr. Jim's Pizza

Equity Financing

SBA Participating Banks in Houston, Texas

Where to Get an SBA Loan Texas