California Entrepreneur Secures Financing to Buy Red Brick Pizza Franchise

Borrowing money to invest in a Red Brick Pizza franchise? Gateway Business Bank has a history of making these loans and they are guaranteed by the SBA.

Red Brick Pizza franchise loans are available to Rolling Hills Estate, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Gateway Business Bank, based in Cerritos, California, issued an SBA franchise loan for a Red Brick Pizza franchise in 2003. We've got all the details on this California small business loan.

SBA Loan Borrower

RED BRICK PIZZA - P.V. AVENUE
ROLLING HILLS ESTATE, CA 90802

SBA Loan Lender

GATEWAY BUSINESS BANK
18000 STUDEBAKER RD, STE 550
CERRITOS, CA 90703

This lender provides SBA small business 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

9/12/2003

Loan Approval Gross Amount

$424,000

Loan Approval from the SBA

Of the total $424,000 loan amount, the SBA guaranteed $318,000.

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 4 employees. This SBA loan request indicated that the loan would help generate 15 new jobs and retain 4 existing jobs.

Getting an SBA Loan For Your Business

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We can help you find the best banks for small businesses in Rolling Hills Estate 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:

Red Brick Pizza

Dealing With Venture Capitalists

Find an SBA Lender in Cerritos, California

Getting an SBA Loan in California