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December 20, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Cici's Pizza #556 Loan | ||||
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Lafayette, Indiana Bank Loan
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Comerica Bank Provides SBA Loan to Buy Cici's Pizza FranchiseBorrowing money to purchase a Cici's Pizza franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Lafayette, Indiana needed money to invest in a Cici's Pizza franchise back in 2004. Comerica Bank issued an SBA franchise loan. Here are the details on this Indiana small business loan. SBA Loan Borrower CICI'S PIZZA #556 SBA Loan Lender COMERICA BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 9/9/2004 Loan Approval Gross Amount $377,600 Loan Approval from the SBA Of the total $377,600 loan amount, the SBA guaranteed $283,200. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Cici's Pizza franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the funding would help generate 30 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Best Dallas, Texas Banks for Small Business
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