Loan to Buy Doubledave's Pizzaworks Franchise Issued By Sterling Bank

Borrowing money to buy a Doubledave's Pizzaworks franchise? Sterling Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Doubledave's Pizzaworks franchise shouldn't be too tough. In 2004, Sterling Bank issued an SBA franchise loan to an entrepreneur in Missouri City, Texas. Because Doubledave's Pizzaworks was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

DOUBLE DAVE'S PIZZAWORKS
MISSOURI CITY, TX 77459

SBA Loan Lender

STERLING BANK
2550 N LOOP WEST
HOUSTON, TX 77092

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

722110 - Full-Service Restaurants

Loan Approval Date

10/28/2004

Loan Approval Gross Amount

$96,000

Loan Approval from the SBA

Of the total $96,000 loan amount, the SBA guaranteed $81,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Doubledave's Pizzaworks franchise. At the time of the loan, the company had 18 employees. This SBA loan request indicated that the borrowed money would help generate 15 new jobs.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Sterling Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

DoubleDave's Pizzaworks Systems

The Friends and Family Network

Banks in Houston, Texas

Texas SBA 7A Banks