Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Carpenterville, Illinois

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Rocky Rococo Pan Style Pizza Franchise

Need money to invest in a Rocky Rococo Pan Style Pizza franchise? National City Bank has a history of making these loans and they are guaranteed by the SBA.

Rocky Rococo Pan Style Pizza franchise loans are available to Carpenterville, Illinois entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, National City Bank, based in Clarendon Hills, Illinois, issued an SBA franchise loan for a Rocky Rococo Pan Style Pizza franchise in 2004. We've got all the details on this Illinois small business loan.

SBA Loan Borrower

ROCKY ROCOCO PIZZA&PASTA REST.
CARPENTERVILLE, IL 60110

SBA Loan Lender

NATIONAL CITY BANK
55TH & HOLMES
CLARENDON HILLS, IL 60514

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.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

1/14/2004

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Rocky Rococo Pan Style Pizza 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 funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into National City Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Rocky Rococo Pan Style Pizza & Pasta

Attracting Investors

Find an SBA Lender in Clarendon Hills, Illinois

Illinois SBA 7A Lenders