Loan to Buy Vinny's Italian Kitchen Franchise Issued By People's Bank Of Commerce

Need a loan to invest in a Vinny's Italian Kitchen franchise? People's Bank Of Commerce has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Vinny's Italian Kitchen franchise? If so, here's a 2006 SBA franchise loan that you should know about. People's Bank Of Commerce was the lender and the entrepreneur was based in Medford, Oregon.

SBA Loan Borrower

VINNY'S ITALIAN KITCHEN INC
MEDFORD, OR 97504

SBA Loan Lender

PEOPLE'S BANK OF COMMERCE
750 BIDDLE RD
MEDFORD, OR 97504

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

11/16/2006

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Vinny's Italian Kitchen franchise. At the time of the loan, the company had 31 employees. This SBA loan request indicated that the loan would help retain 31 existing jobs.

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

If you need money to start a business or need money for an existing business, an SBA loan can be a great funding source

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from People's Bank Of Commerce so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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