Wisconsin Entrepreneur Secures Financing to Buy Papa Murphy's Take & Bake Pizza Franchise

Borrowing money to purchase a Papa Murphy's Take & Bake Pizza franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Papa Murphy's Take & Bake Pizza franchise shouldn't be too tough. In 2000, Cit Small Business Lending Corp issued an SBA franchise loan to an entrepreneur in Baldwin, Wisconsin. Because Papa Murphy's Take & Bake Pizza was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis.

SBA Loan Borrower

PAPA MURPHYS
BALDWIN, WI 54028

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

6/30/2000

Loan Approval Gross Amount

$135,500

Loan Approval from the SBA

Of the total $135,500 loan amount, the SBA guaranteed $101,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Papa Murphy's Take & Bake Pizza franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help create 2 new jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Baldwin WI, you ought to talk with a local Baldwin SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Baldwin businesses.

We can help you find the best banks for small businesses in Baldwin or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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