Loan to Buy Mr. Jim's Pizza Franchise Issued By Wells Fargo Bank
Need money to buy a Mr. Jim's Pizza franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Mr. Jim's Pizza franchise shouldn't be overly burdensome. In 2004, Wells Fargo Bank issued an SBA franchise loan to an entrepreneur in Cheyenne, Wyoming. Because Mr. Jim's Pizza was registered with the SBA's registry of franchises, this Wyoming small business loan was issued on an expedited basis.
SBA Loan Borrower
MR. JIM'S PIZZA
CHEYENNE, WY 82001
SBA Loan Lender
WELLS FARGO BANK
1455 W LAKE ST
MINNEAPOLIS, MN 55408
This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
10/26/2004
Loan Approval Gross Amount
$91,600
Loan Approval from the SBA
Of the total $91,600 loan amount, the SBA guaranteed $77,860.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Mr. Jim's Pizza franchise. At the time of the loan, the company
had 10 employees. The SBA loan documents did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.
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.
We can help you find the best banks for small businesses in Cheyenne 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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