Rancho Cucamongo, CA Entrepreneur Gets SBA Loan to Buy Red Brick Pizza Franchise
Borrowing money to purchase a Red Brick Pizza franchise? Community Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Rancho Cucamongo, California and are interested in buying a Red Brick Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Community Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
RED BRICK PIZZA
RANCHO CUCAMONGO, CA 91730
SBA Loan Lender
COMMUNITY BANK
790 E COLORADO BLVD
PASADENA, CA 91101
This lender provides SBA commercial loans 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
9/23/2005
Loan Approval Gross Amount
$210,000
Loan Approval from the SBA
Of the total $210,000 loan amount, the SBA guaranteed $157,500.
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 2 employees. This SBA loan request indicated that the loan would help generate 15 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Community Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Red Brick Pizza
Equity Financing
SBA Banks in Pasadena, California
California SBA Banks