United Central Bank Provides SBA Loan to Buy Red Brick Pizza Franchise
Need money to invest in a Red Brick Pizza franchise? United Central Bank has a history of making these loans and they are guaranteed by the SBA.
Red Brick Pizza franchise loans are available to Mckinney, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, United Central Bank, based in Garland, Texas, issued an SBA franchise loan for a Red Brick Pizza franchise in 2005. We've got all the details on this Texas small business loan.
SBA Loan Borrower
DELISH,INC. DBA BRICK PIZZA
MCKINNEY, TX 75071
SBA Loan Lender
UNITED CENTRAL BANK
4555 W WALNUT ST
GARLAND, TX 75042
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
9/23/2005
Loan Approval Gross Amount
$259,000
Loan Approval from the SBA
Of the total $259,000 loan amount, the SBA guaranteed $194,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Red Brick Pizza franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 9 new jobs and retain 10 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Red Brick Pizza
Microlending as a Small Business Funding Source
SBA Banks in Garland, Texas
Texas SBA Bank Lenders