Excel National Bank Provides SBA Loan to Buy Round Table Pizza Franchise

Borrowing money to invest in a Round Table Pizza franchise? Excel National Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Round Table Pizza franchise is doable. In 2007, Excel National Bank issued an SBA franchise loan to an entrepreneur in Lahaina, Hawaii. Because Round Table Pizza was registered with the SBA's registry of franchises, this Hawaii small business loan was issued on an expedited basis.

SBA Loan Borrower

ROUND TABLE PIZZA KAANAPALI
LAHAINA, HI 96761

SBA Loan Lender

EXCEL NATIONAL BANK
9701 WILSHIRE BLVD
BEVERLY HILLS, CA 90212

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.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/1/2007

Loan Approval Gross Amount

$526,200

Loan Approval from the SBA

Of the total $526,200 loan amount, the SBA guaranteed $394,650.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Round Table Pizza franchise. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 12 existing jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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