Arnold, MO Entrepreneur Gets SBA Loan to Buy Imo's Pizza Franchise

Borrowing money to buy an Imo's Pizza franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Imo's Pizza franchise is doable. In 2003, U.S. Bank National Association issued an SBA franchise loan to an entrepreneur in Arnold, Missouri. Because Imo's Pizza was registered with the SBA's registry of franchises, this Missouri small business loan was issued on an expedited basis.

SBA Loan Borrower

IMOS'S PIZZA
ARNOLD, MO 63010

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722212 - Cafeterias, Grill Buffets, and Buffets

Loan Approval Date

5/8/2003

Loan Approval Gross Amount

$115,200

Loan Approval from the SBA

Of the total $115,200 loan amount, the SBA guaranteed $86,400.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Imo's Pizza franchise. At the time of the loan, the company had 50 employees. This SBA loan request indicated that the loan would help retain 50 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Arnold MO, you ought to talk with a local Arnold SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Arnold businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. U.S. Bank National Association had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, U.S. Bank National Association made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Imo's Pizza

Attracting Investors

Where to Get an SBA Loan in Cincinnati, Ohio

Ohio SBA Bank Lenders