Wyoming Bank & Trust Provides SBA Loan to Buy Pizza Hut Franchise
Need money to purchase a Pizza Hut franchise? Wyoming Bank & Trust has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Cheyenne, Wyoming needed money to invest in a Pizza Hut franchise back in 2004. Wyoming Bank & Trust issued an SBA franchise loan. Here are the details on this Wyoming small business loan.
SBA Loan Borrower
PIZZA HUT
CHEYENNE, WY 82001
SBA Loan Lender
WYOMING BANK & TRUST
5827 YELLOWSTONE RD
CHEYENNE, WY 82009
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
8/16/2004
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 Pizza Hut franchise. At the time of the loan, the company
had 150 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Pizza Hut, Inc.
Alternative Financing
Good Banks for Small Business in Cheyenne, Wyoming
Wyoming SBA Banks