Loan Census Banking News and Information
November 23, 2024  
 
 
  Business Loan Information  
 

California Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Temecula Valley Bank Provides SBA Loan to Buy Noble Roman Pizza Franchise

Borrowing money to invest in a Noble Roman Pizza franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Noble Roman Pizza franchise is doable. In 2007, Temecula Valley Bank issued an SBA franchise loan to an entrepreneur in Redlands, 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 PIZZA AND TUSCAN
REDLANDS, CA 92374

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

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

11/9/2007

Loan Approval Gross Amount

$363,200

Loan Approval from the SBA

Of the total $363,200 loan amount, the SBA guaranteed $272,400.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 8 new jobs and retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Temecula Valley 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:

Noble Roman's Pizza

Raising Venture Capital

Best Banks in Temecula, California

California SBA 7A Banks