Borrow Money to Buy a 5 Buck Pizza Franchise

Need money to invest in a 5 Buck 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 5 Buck Pizza franchise is doable. In 2007, Banco Popular North America issued an SBA franchise loan to an entrepreneur in Provo, Utah. Because 5 Buck Pizza was registered with the SBA's registry of franchises, this Utah small business loan was issued on an expedited basis.

SBA Loan Borrower

5 BUCK PIZZA
PROVO, UT 84601

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

8/13/2007

Loan Approval Gross Amount

$644,500

Loan Approval from the SBA

Of the total $644,500 loan amount, the SBA guaranteed $483,375.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a 5 Buck Pizza franchise. At the time of the loan, the company had 20 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 19 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Banco Popular North America and they will explain how you can get an SBA loan for your company.

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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