Community W. Bank Provides SBA Loan to Buy Little Ceasar's Pizza Franchise
Need money to buy a Little Ceasar's Pizza franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.
Little Ceasar's Pizza franchise loans are available to Lithonia, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community W. Bank, based in Goleta, California, issued an SBA franchise loan for a Little Ceasar's Pizza franchise in 2007. We've got all the details on this Georgia small business loan.
SBA Loan Borrower
LITHONIA, GA 30058
SBA Loan Lender
COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117
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.
722211 - Limited-Service Restaurants
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $280,000 loan amount, the SBA guaranteed $210,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Little Ceasar's Pizza franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 13 new jobs and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Community W. Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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