San Diego, CA Entrepreneur Gets SBA Loan to Buy Extreme Pizza Franchise

Need money to invest in an Extreme Pizza franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near San Diego, California and are interested in buying an Extreme Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Wells Fargo Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

EXTREME PIZZA
SAN DIEGO, CA 92130

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

9/11/2002

Loan Approval Gross Amount

$216,300

Loan Approval from the SBA

Of the total $216,300 loan amount, the SBA guaranteed $162,225.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Extreme Pizza franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 15 new jobs and retain 20 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

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.

Related Links:

Extreme Pizza

Attracting Investors

Best Banks for Small Business in San Jose, California

Where to Get an SBA Loan California