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November 14, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Gardiner, Business Loans > Savings Bank Of Maine Gardiner Business Loans > Pat's Pizza Loan | ||||
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Augusta, Maine Bank Loan
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Savings Bank Of Maine Provides SBA Loan to Buy Pat's Pizza FranchiseNeed a loan to buy a Pat's Pizza franchise? Savings Bank Of Maine has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Augusta, Maine needed money to invest in a Pat's Pizza franchise back in 2000. Savings Bank Of Maine issued an SBA franchise loan. Here are the details on this Maine small business loan. SBA Loan Borrower PAT'S PIZZA SBA Loan Lender SAVINGS BANK OF MAINE This commercial 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. SIC Code 5812 - Eating Places Loan Approval Date 4/28/2000 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $80,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Pat's Pizza franchise. At the time of the loan, the company had 27 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? 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: Best Gardiner, Maine Banks for Small Business
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