San Ramon, CA Entrepreneur Gets SBA Loan to Buy Z Pizza Franchise
Borrowing money to buy a Z Pizza franchise? Union Bank Of California has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in San Ramon, California needed money to invest in a Z Pizza franchise back in 2005. Union Bank Of California issued an SBA franchise loan. Here are the details on this California small business loan.
SBA Loan Borrower
ZPIZZA
SAN RAMON, CA 94583
SBA Loan Lender
UNION BANK OF CALIFORNIA
400 CALIFORNIA ST, 1ST FL
SAN FRANCISCO, CA 94104
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
6/13/2005
Loan Approval Gross Amount
$177,100
Loan Approval from the SBA
Of the total $177,100 loan amount, the SBA guaranteed $132,825.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Z Pizza franchise. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 8 new jobs and retain 3 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.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Union Bank Of California are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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:
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SBA Banks in San Francisco, California
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