Central City, PA Entrepreneur Gets SBA Loan to Buy Fox's Pizza Den Franchise
Need a loan to invest in a Fox's Pizza Den franchise? First Commonwealth Bank has a history of making these loans and they are guaranteed by the SBA.
Fox's Pizza Den franchise loans are available to Central City, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Commonwealth Bank, based in Hollidaysburg, Pennsylvania, issued an SBA franchise loan for a Fox's Pizza Den franchise in 2003. We've got all the details on this Pennsylvania small business loan.
SBA Loan Borrower
FOX'S PIZZA DEN
CENTRAL CITY, PA 15926
SBA Loan Lender
FIRST COMMONWEALTH BANK
RTE 220 & N JUNIATA ST
HOLLIDAYSBURG, PA 16648
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
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
11/24/2003
Loan Approval Gross Amount
$67,000
Loan Approval from the SBA
Of the total $67,000 loan amount, the SBA guaranteed $56,950.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Fox's Pizza Den franchise. At the time of the loan, the company
had 8 employees. This SBA loan request did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We can help you find the best banks for small businesses in Central City or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
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Small Business Banks in Hollidaysburg, Pennsylvania
Getting a Business Loan in Pennsylvania