Loan to Buy Capriotti Franchise Issued By Alliance Bank Of Arizona
Need a loan to invest in a Capriotti franchise? Alliance Bank Of Arizona has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Phoenix, Arizona needed money to invest in a Capriotti franchise back in 2006. Alliance Bank Of Arizona issued an SBA franchise loan. Here are the details on this Arizona small business loan.
SBA Loan Borrower
CAPRIOTTI'S SANDWICH SHOP
PHOENIX, AZ 85037
SBA Loan Lender
ALLIANCE BANK OF ARIZONA
2701 E CAMELBACK RD, STE 110
PHOENIX, AZ 85018
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
7/6/2006
Loan Approval Gross Amount
$205,000
Loan Approval from the SBA
Of the total $205,000 loan amount, the SBA guaranteed $153,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Capriotti franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in Phoenix 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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