Wisconsin Entrepreneur Secures Financing to Buy Figaro's Italian Pizza Franchise
Need a loan to buy a Figaro's Italian Pizza franchise? Anchorbank, Fsb has a history of making these loans and they are guaranteed by the SBA.
If you live near Appleton, Wisconsin and are interested in buying a Figaro's Italian Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Anchorbank, Fsb. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
FIGARO'S PIZZA
APPLETON, WI 54915
SBA Loan Lender
ANCHORBANK, FSB
110 FOX RIVER DR
APPLETON, WI 54913
This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
3/19/2002
Loan Approval Gross Amount
$120,000
Loan Approval from the SBA
Of the total $120,000 loan amount, the SBA guaranteed $102,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Figaro's Italian Pizza franchise. At the time of the loan, the company
had 6 employees. The loan application did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $120,000 loan. Remember, where there is a will, there is a way!
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:
Figaro's Italian Pizza, Inc.
Role of Business Plan When Raising Money
SBA Approved Banks in Appleton, Wisconsin
Wisconsin SBA Banks