Banco Popular North America Provides SBA Loan to Buy Stevi B's Pizza Franchise

Need a loan to invest in a Stevi B's Pizza franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Stevi B's Pizza franchise? If so, here's a 2006 SBA franchise loan that you should know about. Banco Popular North America was the lender and the entrepreneur was based in Marietta, Georgia.

SBA Loan Borrower

STEVI B'S PIZZA
MARIETTA, GA 30064

SBA Loan Lender

BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

12/1/2006

Loan Approval Gross Amount

$543,000

Loan Approval from the SBA

Of the total $543,000 loan amount, the SBA guaranteed $407,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Stevi B's Pizza franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 14 new jobs and retain 15 existing jobs.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Banco Popular North America and they will explain how you can get an SBA loan for your company.

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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