Baraboo, WI Entrepreneur Gets SBA Loan to Buy Pizza Ranch Franchise
Borrowing money to purchase a Pizza Ranch franchise? Community Bank Group has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Pizza Ranch franchise? If so, here's a 2006 SBA franchise loan that you should know about. Community Bank Group was the lender and the entrepreneur was based in Baraboo, Wisconsin.
SBA Loan Borrower
PIZZA RANCH OF BARABOO
BARABOO, WI 53913
SBA Loan Lender
COMMUNITY BANK GROUP
201 MAIN ST
REEDSBURG, WI 53959
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
6/8/2006
Loan Approval Gross Amount
$515,000
Loan Approval from the SBA
Of the total $515,000 loan amount, the SBA guaranteed $386,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Pizza Ranch franchise. At the time of the loan, the company
had 40 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Community Bank Group so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Business Credit Evaluation
Good Banks for Small Business in Reedsburg, Wisconsin
SBA Lenders in Wisconsin