Loan to Buy Pizza Ranch Franchise Issued By Iowa Trust And Savings Bank

Need a loan to purchase a Pizza Ranch franchise? Iowa Trust And Savings Bank has a history of making these loans and they are guaranteed by the SBA.

Pizza Ranch franchise loans are available to Centerville, Iowa entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Iowa Trust And Savings Bank, based in Centerville, Iowa, issued an SBA franchise loan for a Pizza Ranch franchise in 2005. We've got all the details on this Iowa small business loan.

SBA Loan Borrower

CENTERVILLE PIZZA RANCH
CENTERVILLE, IA 52544

SBA Loan Lender

IOWA TRUST AND SAVINGS BANK
200 N 10TH
CENTERVILLE, IA 52544

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

7/14/2005

Loan Approval Gross Amount

$400,000

Loan Approval from the SBA

Of the total $400,000 loan amount, the SBA guaranteed $300,000.

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 24 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Iowa Trust And Savings Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

504 Loans

Banks in Centerville, Iowa

Iowa SBA 7A Lenders