Borrow Money to Buy a Fortel's Pizza Den Franchise

Borrowing money to invest in a Fortel's Pizza Den franchise? First National Bank - St. Louis has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Fortel's Pizza Den franchise shouldn't be too tough. In 2002, First National Bank - St. Louis issued an SBA franchise loan to an entrepreneur in Ballwin, Missouri. Because Fortel's Pizza Den was registered with the SBA's registry of franchises, this Missouri small business loan was issued on an expedited basis.

SBA Loan Borrower

FORTEL'S PIZZA DEN
BALLWIN, MO 63011

SBA Loan Lender

FIRST NATIONAL BANK - ST. LOUIS
7707 FORSYTH BLVD
CLAYTON, MO 63105

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to American small businesses.

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

3/28/2002

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fortel's Pizza Den franchise. At the time of the loan, the company had 30 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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