Washington Entrepreneur Secures Financing to Buy Pizza Pipeline Franchise
Borrowing money to purchase a Pizza Pipeline franchise? Americanwest Bancorporation has a history of making these loans and they are guaranteed by the SBA.
Pizza Pipeline franchise loans are available to Airway Heights, Washington entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Americanwest Bancorporation, based in Spokane, Washington, issued an SBA franchise loan for a Pizza Pipeline franchise in 2006. We've got all the details on this Washington small business loan.
SBA Loan Borrower
PIZZA MAFIA INC.
AIRWAY HEIGHTS, WA 99001
SBA Loan Lender
AMERICANWEST BANCORPORATION
41 W RIVERSIDE AVE, STE 400
SPOKANE, WA 99201
This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
7/28/2006
Loan Approval Gross Amount
$45,020
Loan Approval from the SBA
Of the total $45,020 loan amount, the SBA guaranteed $38,267.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Pizza Pipeline franchise. At the time of the loan, the company
had only one employee. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
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 Americanwest Bancorporation 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.
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