New Braunfels, TX Entrepreneur Gets SBA Loan to Buy Fox's Pizza Den Franchise

Need a loan to invest in a Fox's Pizza Den franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Fox's Pizza Den franchise requires some effort but others before you have been successful. In 2006, Comerica Bank issued an SBA franchise loan to an entrepreneur in New Braunfels, Texas. Because Fox's Pizza Den was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

FOX'S PIZZA DEN
NEW BRAUNFELS, TX 78130

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

12/12/2006

Loan Approval Gross Amount

$141,400

Loan Approval from the SBA

Of the total $141,400 loan amount, the SBA guaranteed $120,190.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fox's Pizza Den franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 1 existing job.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $141,400 loan. Remember, where there is a will, there is a way!

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:

Fox's Pizza Den

Attracting Investors

Who Lends Money to Small Businesses in Dallas, Texas

Getting an SBA Loan in Texas