Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

How Much Does It Cost to Buy a Franchise in Appleton, Wisconsin?

 

 
Loan Census SBA Loan Info

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