Global Cu Provides SBA Loan to Buy Papa Murphy's Take & Bake Pizza Franchise

Need a loan to purchase a Papa Murphy's Take & Bake Pizza franchise? Global Cu has a history of making these loans and they are guaranteed by the SBA.

Papa Murphy's Take & Bake Pizza franchise loans are available to Coeur D' Alene, Idaho entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Global Cu, based in Spokane, Washington, issued an SBA franchise loan for a Papa Murphy's Take & Bake Pizza franchise in 2007. We've got all the details on this Idaho small business loan.

SBA Loan Borrower

PAPA MURPHY'S
COEUR D' ALENE, ID 83814

SBA Loan Lender

GLOBAL CU
1520 W 3RD AVE
SPOKANE, WA 99204

This lender issued this SBA loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

10/18/2007

Loan Approval Gross Amount

$657,000

Loan Approval from the SBA

Of the total $657,000 loan amount, the SBA guaranteed $492,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Papa Murphy's Take & Bake Pizza franchise. At the time of the loan, the company had 25 employees. The SBA loan application for the borrower indicated that the loan would help retain 25 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Global Cu had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Global Cu made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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.

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