Brooklyn Park, MN Entrepreneur Gets SBA Loan to Buy Papa Murphy's Take & Bake Pizza Franchise

Borrowing money to buy a Papa Murphy's Take & Bake Pizza franchise? Community Pride Bank has a history of making these loans and they are guaranteed by the SBA.

Papa Murphy's Take & Bake Pizza franchise loans are available to Brooklyn Park, Minnesota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community Pride Bank, based in Isanti, Minnesota, issued an SBA franchise loan for a Papa Murphy's Take & Bake Pizza franchise in 2001. We've got all the details on this Minnesota small business loan.

SBA Loan Borrower

PAPA MURPHY'S PIZZA
BROOKLYN PARK, MN 55429

SBA Loan Lender

COMMUNITY PRIDE BANK
901 NICKLAUS COURT
ISANTI, MN 55040

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/19/2001

Loan Approval Gross Amount

$175,000

Loan Approval from the SBA

Of the total $175,000 loan amount, the SBA guaranteed $131,250.

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 application for the borrower indicated that the loan would help generate 20 new jobs and retain 22 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Community Pride Bank and they will explain how you can get an SBA loan for your company.

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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SBA Banks in Isanti, Minnesota

SBA Minnesota Lenders