El Paso, TX Entrepreneur Gets SBA Loan to Buy Doubledave's Pizzaworks Franchise

Need money to purchase a Doubledave's Pizzaworks franchise? Southwest Bank has a history of making these loans and they are guaranteed by the SBA.

Doubledave's Pizzaworks franchise loans are available to El Paso, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Southwest Bank, based in Fort Worth, Texas, issued an SBA franchise loan for a Doubledave's Pizzaworks franchise in 2001. We've got all the details on this Texas small business loan.

SBA Loan Borrower

DOUBLE DAVE'S PIZZAWORKS
EL PASO, TX 79925

SBA Loan Lender

SOUTHWEST BANK
3737 SW LOOP 820
FORT WORTH, TX 76133

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

10/30/2001

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Doubledave's Pizzaworks franchise. At the time of the loan, the company had 20 employees. The SBA loan application for the borrower indicated that the loan would help create 20 new jobs.

Next Steps for Getting an SBA Loan

If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Southwest Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Southwest 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:

DoubleDave's Pizzaworks Systems

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SBA Participating Banks in Fort Worth, Texas

Texas SBA 7A Banks