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Loan Census SBA Loan Info

Borrow Money to Buy a Snappy Tomato Pizza Company Franchise

Need money to purchase a Snappy Tomato Pizza Company franchise? Irwin Union Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Columbus, Indiana needed money to invest in a Snappy Tomato Pizza Company franchise back in 2006. Irwin Union Bank & Trust issued an SBA franchise loan. Here are the details on this Indiana small business loan.

SBA Loan Borrower

HOLT ENTERPRISES, LLC
COLUMBUS, IN 47201

SBA Loan Lender

IRWIN UNION BANK & TRUST
500 WASHINGTON ST
COLUMBUS, IN 47201

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

445299 - Specialty Food Stores

Loan Approval Date

10/27/2006

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $62,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Snappy Tomato Pizza Company franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 10 existing jobs.

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.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Snappy Tomato Pizza

Advice on Getting a Small Business Loan

Who Lends Money to Small Businesses in Columbus, Indiana

SBA Lenders in Indiana