Amer Bank Provides SBA Loan to Buy Little Ceasar's Pizza Franchise
Need a loan to invest in a Little Ceasar's Pizza franchise? Amer Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Little Ceasar's Pizza franchise? If so, here's a 2005 SBA franchise loan that you should know about. Amer Bank was the lender and the entrepreneur was based in Austin, Texas.
SBA Loan Borrower
LITTLE CAESARS #1366-1
AUSTIN, TX 78702
SBA Loan Lender
AMER BANK
711 N CARANCAHUA
CORPUS CHRISTI, TX 78411
This debt financing 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
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
4/28/2005
Loan Approval Gross Amount
$176,582
Loan Approval from the SBA
Of the total $176,582 loan amount, the SBA guaranteed $132,437.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Little Ceasar's Pizza franchise. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the company planned to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Amer Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Amer Bank 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:
Little Caesars
How to Raise Money
SBA 7A Banks for Corpus Christi, Texas Loans
Getting an SBA Loan in Texas