Borrow Money to Buy an Oggi's Pizza & Brewing Company Franchise
Borrowing money to purchase an Oggi's Pizza & Brewing Company franchise? City National Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy an Oggi's Pizza & Brewing Company franchise? If so, here's a 2003 SBA franchise loan that you should know about. City National Bank was the lender and the entrepreneur was based in Mission Viejo, California.
SBA Loan Borrower
OGGI'S PIZZA & BREWING COMPANY
MISSION VIEJO, CA 92691
SBA Loan Lender
CITY NATIONAL BANK
606 S OLIVE ST
LOS ANGELES, CA 90014
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
8/22/2003
Loan Approval Gross Amount
$45,000
Loan Approval from the SBA
Of the total $45,000 loan amount, the SBA guaranteed $38,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an Oggi's Pizza & Brewing Company franchise. At the time of the loan, the company
had 48 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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 City National Bank 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.
Related Links:
Raising VC Money for Social Networking Companies
SBA Banks in Los Angeles, California
California SBA Banks