Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Meridian, Mississippi Bank Loan

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Cici's Pizza Franchise

Need a loan to buy a Cici's Pizza franchise? Comerica Bank-Texas has a history of making these loans and they are guaranteed by the SBA.

Cici's Pizza franchise loans are available to Meridian, Mississippi entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank-Texas, based in Houston, Texas, issued an SBA franchise loan for a Cici's Pizza franchise in 2002. We've got all the details on this Mississippi small business loan.

SBA Loan Borrower

CICI'S PIZZA
MERIDIAN, MS 39301

SBA Loan Lender

COMERICA BANK-TEXAS
ONE SHELL PLZ, 910 LOUISIANA
HOUSTON, TX 77002

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

8/2/2002

Loan Approval Gross Amount

$323,000

Loan Approval from the SBA

Of the total $323,000 loan amount, the SBA guaranteed $242,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cici's Pizza franchise. At the time of the loan, the company had 40 employees. The SBA loan documents did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Comerica Bank-Texas and they will explain how you can get an SBA loan for your company.

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:

CiCi's Pizza

A Company That Helps Entrepreneurs

Where to Get an SBA Loan in Houston, Texas

Texas SBA 7A Lenders