Coeur D'Alene, ID Entrepreneur Gets SBA Loan to Buy Pizza Pipeline Franchise
Need a loan to purchase a Pizza Pipeline franchise? Bankcda has a history of making these loans and they are guaranteed by the SBA.
Pizza Pipeline franchise loans are available to Coeur D'Alene, Idaho entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bankcda, based in Coeur D'Alene, Idaho, issued an SBA franchise loan for a Pizza Pipeline franchise in 2004. We've got all the details on this Idaho small business loan.
SBA Loan Borrower
PIZZA PIPELINE
COEUR D'ALENE, ID 83815
SBA Loan Lender
BANKCDA
1052 W MILL AVE
COEUR D'ALENE, ID 83814
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.
NAICS Code
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
10/5/2004
Loan Approval Gross Amount
$110,000
Loan Approval from the SBA
Of the total $110,000 loan amount, the SBA guaranteed $93,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Pizza Pipeline franchise. At the time of the loan, the company
had 8 employees. This SBA loan request did not indicate that the company planned to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Bankcda and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Getting a Small Business Loan
Best Banks for Small Business in Coeur D'Alene, Idaho
SBA Idaho Lenders