Borrow Money to Buy a Tony Roma's pizza Franchise

Need a loan to purchase a Tony Roma's pizza franchise? Farmers & Merchants Bank - Cent. has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Tony Roma's pizza franchise shouldn't be overly burdensome. In 2005, Farmers & Merchants Bank - Cent. issued an SBA franchise loan to an entrepreneur in Modesto, California. Because Tony Roma's pizza was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

HODGES RIBS INC A CALIFORNIA C
MODESTO, CA 95350

SBA Loan Lender

FARMERS & MERCHANTS BANK - CENT.
121 W PINE ST
LODI, CA 95240

This lender issued this business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

11/7/2005

Loan Approval Gross Amount

$385,000

Loan Approval from the SBA

Of the total $385,000 loan amount, the SBA guaranteed $288,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Tony Roma's pizza franchise. At the time of the loan, the company had 45 employees. The loan application did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $385,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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