International Bank Of Commerce Provides SBA Loan to Buy Pizza Patron Franchise

Need money to buy a Pizza Patron franchise? International Bank Of Commerce has a history of making these loans and they are guaranteed by the SBA.

Pizza Patron franchise loans are available to Rio Grande City, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, International Bank Of Commerce, based in Laredo, Texas, issued an SBA franchise loan for a Pizza Patron franchise in 2005. We've got all the details on this Texas small business loan.

SBA Loan Borrower

ESTRELLA VENTURES, INC.
RIO GRANDE CITY, TX 78582

SBA Loan Lender

INTERNATIONAL BANK OF COMMERCE
1200 SAN BERNARDO ST
LAREDO, TX 78040

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/8/2005

Loan Approval Gross Amount

$165,500

Loan Approval from the SBA

Of the total $165,500 loan amount, the SBA guaranteed $124,125.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pizza Patron franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Rio Grande City or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Pizza Patron

Equity Financing

Where to Get an SBA Loan in Laredo, Texas

Texas SBA Bank Lenders