Centerville, OH Entrepreneur Gets SBA Loan to Buy Pisanello's Pizza Franchise

Borrowing money to purchase a Pisanello's Pizza franchise? Oak Hill Banks has a history of making these loans and they are guaranteed by the SBA.

If you live near Centerville, Ohio and are interested in buying a Pisanello's Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Oak Hill Banks. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

PISANELLO'S PIZZA & TLC CATERI
CENTERVILLE, OH 45458

SBA Loan Lender

OAK HILL BANKS
584 MIAMISBURG-CENTERVILLE RD
CENTERVILLE, OH 45459

This SBA loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

4/14/2004

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $562,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Pisanello's Pizza franchise. At the time of the loan, the company had 38 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? 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:

Alternative Financing

SBA Participating Banks in Centerville, Ohio

Ohio SBA 7A Lenders