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