Borrow Money to Buy a Pizza Factory Franchise
Borrowing money to purchase a Pizza Factory franchise? Telesis Community Cu has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Pizza Factory franchise requires some effort but others before you have been successful. In 2005, Telesis Community Cu issued an SBA franchise loan to an entrepreneur in Santa Clarita, California. Because Pizza Factory was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.
SBA Loan Borrower
PIZZA FACTORY
SANTA CLARITA, CA 91354
SBA Loan Lender
TELESIS COMMUNITY CU
9301 WINNETKA AVE
CHATSWORTH, CA 91311
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
722110 - Full-Service Restaurants
Loan Approval Date
7/13/2005
Loan Approval Gross Amount
$240,000
Loan Approval from the SBA
Of the total $240,000 loan amount, the SBA guaranteed $180,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Pizza Factory franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 6 new jobs and retain 6 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.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $240,000 loan. Remember, where there is a will, there is a way!
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:
Pizza Factory
Realistic Debt Financing Options
SBA Approved Banks in Chatsworth, California
Getting an SBA Loan in California