Loan to Buy Garlic Jim's Famous Gourmet Pizza Franchise Issued By Americas United Bank

Borrowing money to invest in a Garlic Jim's Famous Gourmet Pizza franchise? Americas United Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Garlic Jim's Famous Gourmet Pizza franchise? If so, here's a 2008 SBA franchise loan that you should know about. Americas United Bank was the lender and the entrepreneur was based in Redondo Beach, California.

SBA Loan Borrower

GARLIC JIM'S FAMOUS GOURMET PI
REDONDO BEACH, CA 90277

SBA Loan Lender

AMERICAS UNITED BANK
801 N BRAND BLVD, STE 1150
GLENDALE, CA 91203

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/11/2008

Loan Approval Gross Amount

$320,000

Loan Approval from the SBA

Of the total $320,000 loan amount, the SBA guaranteed $240,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Garlic Jim's Famous Gourmet Pizza franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Garlic Jim's Famous Gourmet Pizza

Realistic Debt Financing Options

SBA 7A Banks for Glendale, California Loans

California SBA 7A Lenders