California Entrepreneur Secures Financing to Buy Noble Roman Pizza Franchise
Borrowing money to purchase a Noble Roman Pizza franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Noble Roman Pizza franchise may simply require a phone call to a local SBA banker. In 2007, Cit Small Business Lending Corp issued an SBA franchise loan to an entrepreneur in Rancho Cucamonga, California. Because Noble Roman Pizza was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.
SBA Loan Borrower
NOBLE ROMAN'S AND TUSCANO'S SU
RANCHO CUCAMONGA, CA 91730
SBA Loan Lender
CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
1/5/2007
Loan Approval Gross Amount
$344,600
Loan Approval from the SBA
Of the total $344,600 loan amount, the SBA guaranteed $258,450.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Noble Roman Pizza franchise. At the time of the loan, the company
had 10 employees. The loan application indicated that the loan would help generate 10 new jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Cit Small Business Lending Corp so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Noble Roman's Pizza
Alternative Financing
Who Lends Money to Small Businesses in Livingston, New Jersey
Getting an SBA Loan in New Jersey