Kansas Entrepreneur Secures Financing to Buy Gambino's Pizza Franchise

Borrowing money to buy a Gambino's Pizza franchise? Union State Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Gambino's Pizza franchise? If so, here's a 2007 SBA franchise loan that you should know about. Union State Bank was the lender and the entrepreneur was based in Arkansas City, Kansas.

SBA Loan Borrower

GAMBINO'S PIZZA
ARKANSAS CITY, KS 67005

SBA Loan Lender

UNION STATE BANK
127 S SUMMIT ST
ARKANSAS CITY, KS 67005

This lender issued this loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

1/10/2007

Loan Approval Gross Amount

$231,800

Loan Approval from the SBA

Of the total $231,800 loan amount, the SBA guaranteed $173,850.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Gambino's Pizza franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you want money for start up 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.

Related Links:

Gambino's Pizza

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Small Bank Loans in Arkansas City, Kansas

Getting an SBA Loan in Kansas