Loan to Buy Red Brick Pizza Franchise Issued By Banco Popular North America

Borrowing money to purchase a Red Brick Pizza franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Red Brick Pizza franchise requires some effort but others before you have been successful. In 2006, Banco Popular North America issued an SBA franchise loan to an entrepreneur in Ontario, California. Because Red Brick Pizza was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

RED BRICK PIZZA #608
ONTARIO, CA 91762

SBA Loan Lender

BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

6/23/2006

Loan Approval Gross Amount

$301,600

Loan Approval from the SBA

Of the total $301,600 loan amount, the SBA guaranteed $226,200.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Red Brick Pizza franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the funding would help generate 17 new jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We can help you find the best banks for small businesses in Ontario or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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Red Brick Pizza

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