Wells Fargo Bank Provides SBA Loan to Buy Bellagios Pizza Franchise
Borrowing money to buy a Bellagios Pizza franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Bellagios Pizza franchise? If so, here's a 2005 SBA franchise loan that you should know about. Wells Fargo Bank was the lender and the entrepreneur was based in Tigard, Oregon.
SBA Loan Borrower
BELLAGIOS PIZZA
TIGARD, OR 97223
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
3/1/2005
Loan Approval Gross Amount
$107,000
Loan Approval from the SBA
Of the total $107,000 loan amount, the SBA guaranteed $90,950.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Bellagios Pizza franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help create 16 new jobs.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This SBA loan was for $107,000. How would you spend $107,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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.
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