Loan to Buy Cici's Pizza Franchise Issued By Bank Of America

Need a loan to invest in a Cici's Pizza franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Cici's Pizza franchise may simply require a phone call to a local SBA banker. In 2002, Bank Of America issued an SBA franchise loan to an entrepreneur in San Antonio, Texas. Because Cici's Pizza was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

CICI'S PIZZA
SAN ANTONIO, TX 78250

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

9/16/2002

Loan Approval Gross Amount

$432,600

Loan Approval from the SBA

Of the total $432,600 loan amount, the SBA guaranteed $324,450.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cici's Pizza franchise. At the time of the loan, the company had 105 employees. The SBA loan documents indicated that the loan would help generate 45 new jobs and retain 105 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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.

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