Loan to Buy Pizzeria Uno's restaurant Franchise Issued By Jpmorgan Chase Bank

Borrowing money to purchase a Pizzeria Uno's restaurant franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Pizzeria Uno's restaurant franchise? If so, here's a 2004 SBA franchise loan that you should know about. Jpmorgan Chase Bank was the lender and the entrepreneur was based in Troy, Ohio.

SBA Loan Borrower

UNO CHICAGO GRILL
TROY, OH 45373

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

722110 - Full-Service Restaurants

Loan Approval Date

2/27/2004

Loan Approval Gross Amount

$153,200

Loan Approval from the SBA

Of the total $153,200 loan amount, the SBA guaranteed $76,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Pizzeria Uno's restaurant franchise. At the time of the loan, the company had 290 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 290 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.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Jpmorgan Chase Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Jpmorgan Chase Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Startup Funding Tip

Find an SBA Lender in Houston, Texas

SBA Texas Banks