Loan to Buy Pizza Pipeline Franchise Issued By Panhandle State Bank
Need a loan to invest in a Pizza Pipeline franchise? Panhandle State Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Pizza Pipeline franchise? If so, here's a 2007 SBA franchise loan that you should know about. Panhandle State Bank was the lender and the entrepreneur was based in Boise, Idaho.
SBA Loan Borrower
BROADWAY PIZZA, LLC DBA PIZZA PIPELINE
BOISE, ID 83706
SBA Loan Lender
PANHANDLE STATE BANK
231 N THIRD
SANDPOINT, ID 83864
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.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
5/1/2007
Loan Approval Gross Amount
$138,000
Loan Approval from the SBA
Of the total $138,000 loan amount, the SBA guaranteed $117,300.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Pizza Pipeline franchise. At the time of the loan, the company
had 15 employees. The loan application indicated that the loan would help retain 15 existing jobs.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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 Incubators
Where to Get an SBA Loan in Sandpoint, Idaho
Idaho SBA Banks