Texas Entrepreneur Secures Financing to Buy Mr. Jim's Pizza Franchise

Borrowing money to purchase a Mr. Jim's Pizza franchise? Amer Business Lending Inc. has a history of making these loans and they are guaranteed by the SBA.

Mr. Jim's Pizza franchise loans are available to Rockwall, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Amer Business Lending Inc., based in Dallas, Texas, issued an SBA franchise loan for a Mr. Jim's Pizza franchise in 2005. We've got all the details on this Texas small business loan.

SBA Loan Borrower

MR JIM'S PIZZA ROCKWALL TX
ROCKWALL, TX 75032

SBA Loan Lender

AMER BUSINESS LENDING INC.
1420 W. MOCKINGBIRD LANE, SUI
DALLAS, TX 75247

This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/21/2005

Loan Approval Gross Amount

$58,300

Loan Approval from the SBA

Of the total $58,300 loan amount, the SBA guaranteed $49,555.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Mr. Jim's Pizza franchise. At the time of the loan, the company had 30 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Amer Business Lending Inc. and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Mr. Jim's Pizza

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SBA Participating Banks in Dallas, Texas

Getting an SBA Loan in Texas