Loan to Buy Pizza Outlet Franchise Issued By National City Bank

Need money to buy a Pizza Outlet franchise? National City Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Pizza Outlet franchise shouldn't be too tough. In 2003, National City Bank issued an SBA franchise loan to an entrepreneur in Bethel Park, Pennsylvania. Because Pizza Outlet was registered with the SBA's registry of franchises, this Pennsylvania small business loan was issued on an expedited basis.

SBA Loan Borrower

AYLA INVESTMENTS LP AND EILER
BETHEL PARK, PA 15102

SBA Loan Lender

NATIONAL CITY BANK
801 STATE ST
ERIE, PA 16501

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

8/22/2003

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Pizza Outlet franchise. At the time of the loan, the company had 34 employees. This SBA loan request indicated that the loan would help generate 8 new jobs and retain 34 existing jobs.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in Bethel Park PA, you ought to talk with a local Bethel Park SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bethel Park businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Advice on Getting a Small Business Loan

SBA Approved Banks in Erie, Pennsylvania

SBA Lenders in Pennsylvania