Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

California Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Round Table Pizza Franchise

Need a loan to buy a Round Table Pizza franchise? Citibank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in San Francisco, California needed money to invest in a Round Table Pizza franchise back in 2006. Citibank issued an SBA franchise loan. Here are the details on this California small business loan.

SBA Loan Borrower

ROUND TABLE PIZZA
SAN FRANCISCO, CA 94118

SBA Loan Lender

CITIBANK
ONE SANSOME ST
SAN FRANCISCO, CA 94104

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

10/6/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Round Table Pizza franchise. At the time of the loan, the company had 15 employees. The loan application indicated that the loan would help retain 15 existing jobs.

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

Remember, you 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 San Francisco 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:

Round Table Pizza

Accountant's Role in Securing Financing

SBA Participating Banks in San Francisco, California

Getting an SBA Loan in California