Loan to Buy Mr. Jim's Pizza Franchise Issued By Landmark Bank

Need money to invest in a Mr. Jim's Pizza franchise? Landmark Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Mr. Jim's Pizza franchise shouldn't be overly burdensome. In 2005, Landmark Bank issued an SBA franchise loan to an entrepreneur in Sherman, Texas. Because Mr. Jim'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

CJTJ, LLLC DBA MR. JIM'S PIZZA
SHERMAN, TX 75091

SBA Loan Lender

LANDMARK BANK
1616 ARLINGTON
ADA, OK 74820

This lender issued this particular small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/8/2005

Loan Approval Gross Amount

$74,000

Loan Approval from the SBA

Of the total $74,000 loan amount, the SBA guaranteed $62,900.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Mr. Jim's Pizza franchise. At the time of the loan, the company had 10 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Mr. Jim's Pizza

Borrowing Money from Friends and Family

Banks in Ada, Oklahoma

SBA Lenders in Oklahoma