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April 18, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Chester, Business Loans > Plumas Bank Chester Business Loans > Pizza Factory Loan | ||||
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Raising Money in Susanville, California With SBA Loans
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Loan to Buy Pizza Factory Franchise Issued By Plumas BankNeed a loan to buy a Pizza Factory franchise? Plumas Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Susanville, California and are interested in buying a Pizza Factory franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Plumas Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower PIZZA FACTORY SBA Loan Lender PLUMAS BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 8/3/2004 Loan Approval Gross Amount $414,100 Loan Approval from the SBA Of the total $414,100 loan amount, the SBA guaranteed $310,575. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Pizza Factory franchise. At the time of the loan, the company had 35 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We've showcased information on this loan to let you know that businesses like yours 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: SBA 7A Banks for Chester, California Loans
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