Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Wells Fargo Bank SBA Franchise Loans

 

 
Loan Census SBA Loan Info

Arizona Entrepreneur Secures Financing to Buy Chicago's Pizza Of Greenfield Franchise

Borrowing money to buy a Chicago's Pizza Of Greenfield franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Chicago's Pizza Of Greenfield franchise loans are available to Glendale, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in Phoenix, Arizona, issued an SBA franchise loan for a Chicago's Pizza Of Greenfield franchise in 2002. We've got all the details on this Arizona small business loan.

SBA Loan Borrower

OLD CHICAGO PASTA AND PIZZA
GLENDALE, AZ 85308

SBA Loan Lender

WELLS FARGO BANK
100 W WASHINGTON ST
PHOENIX, AZ 85003

This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

6/27/2002

Loan Approval Gross Amount

$418,000

Loan Approval from the SBA

Of the total $418,000 loan amount, the SBA guaranteed $313,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Chicago's Pizza Of Greenfield franchise. At the time of the loan, the company had 100 employees. The SBA loan documents indicated that the loan would help generate 50 new jobs and retain 100 existing jobs.

Getting an SBA Loan For Your Business

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

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:

Banking Deregulation's Effects on Entrepreneurship

SBA Participating Banks in Phoenix, Arizona

SBA Participating Banks in Arizona