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December 20, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > Cici's Pizza #416 Loan | ||||
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Where to Get an SBA Loan to Purchase a Franchise
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Loan to Buy Cici's Pizza Franchise Issued By Washington Mutual BankNeed money to purchase a Cici's Pizza franchise? Washington Mutual Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Longwood, Florida and are interested in buying a Cici's Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Washington Mutual Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower CICI'S PIZZA #416 SBA Loan Lender WASHINGTON MUTUAL BANK This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 7/29/2002 Loan Approval Gross Amount $360,000 Loan Approval from the SBA Of the total $360,000 loan amount, the SBA guaranteed $270,000. 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 20 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Obtaining Funding - How to Borrow Money Small Business Banks in Henderson, Nevada Browse All Business Loan Sources for Nevada
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