Wells Fargo Bank Provides SBA Loan to Buy Extreme Pizza Franchise

Need money to purchase an Extreme Pizza franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Issaquah, Washington needed money to invest in an Extreme Pizza franchise back in 2005. Wells Fargo Bank issued an SBA franchise loan. Here are the details on this Washington small business loan.

SBA Loan Borrower

EXTREME PIZZA
ISSAQUAH, WA 98027

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/2/2005

Loan Approval Gross Amount

$254,400

Loan Approval from the SBA

Of the total $254,400 loan amount, the SBA guaranteed $190,800.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Extreme Pizza franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We've showcased information on this loan to let you know that businesses like yours 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:

Extreme Pizza

Small Business Loan

SBA Banks in San Jose, California

Getting an SBA Loan in California