Loan Census Banking News and Information
May 1, 2024  
 
 
  Business Loan Information  
 

Raising Money in La Quinta, California With SBA Loans

 

 
Loan Census SBA Loan Info

California Entrepreneur Secures Financing to Buy Z Pizza Franchise

Need a loan to buy a Z Pizza franchise? Business Loan Center, LLC has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Z Pizza franchise may simply require a phone call to a local SBA banker. In 2007, Business Loan Center, LLC issued an SBA franchise loan to an entrepreneur in La Quinta, California. Because Z Pizza was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

Z PIZZA
LA QUINTA, CA 92253

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

6/1/2007

Loan Approval Gross Amount

$274,000

Loan Approval from the SBA

Of the total $274,000 loan amount, the SBA guaranteed $205,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Z Pizza franchise. At the time of the loan, the company had 10 employees. The loan application indicated that the funding would help generate 10 new jobs.

Next Steps for Getting an SBA Loan

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

This SBA loan was for $274,000. How would you spend $274,000 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.

Related Links:

Z Pizza

Alternative Financing

SBA 7A Banks for New York, New York Loans

New York SBA 7A Lenders