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April 30, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Dallas, Business Loans > Jefferson Bank Dallas Business Loans > Cici's Pizza Of Forest Hill Loan | ||||
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Good Sources for Forest Hill SBA Loans
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Jefferson Bank Provides SBA Loan to Buy Cici's Pizza FranchiseNeed money to buy a Cici's Pizza franchise? Jefferson Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Forest Hill, Texas needed money to invest in a Cici's Pizza franchise back in 2003. Jefferson Bank issued an SBA franchise loan. Here are the details on this Texas small business loan. SBA Loan Borrower CICI'S PIZZA OF FOREST HILL SBA Loan Lender JEFFERSON BANK This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5182 - Wine and Distilled Alcoholic Beverages NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 4/23/2003 Loan Approval Gross Amount $273,000 Loan Approval from the SBA Of the total $273,000 loan amount, the SBA guaranteed $204,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Cici's Pizza franchise. At the time of the loan, the company had 25 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan If you want money for new small business in Forest Hill TX, you ought to talk with a local Forest Hill SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Forest Hill businesses. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Accountant's Role in Securing Financing Where to Get an SBA Loan Texas
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