Borrow Money to Buy a Noble Roman Pizza Franchise

Borrowing money to buy a Noble Roman Pizza franchise? First Colorado National Bank has a history of making these loans and they are guaranteed by the SBA.

Noble Roman Pizza franchise loans are available to Crawfordsville, Indiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Colorado National Bank, based in Delta, Colorado, issued an SBA franchise loan for a Noble Roman Pizza franchise in 2007. We've got all the details on this Indiana small business loan.

SBA Loan Borrower

NOBLE ROMANS PIZZA
CRAWFORDSVILLE, IN 47933

SBA Loan Lender

FIRST COLORADO NATIONAL BANK
150 GUNNISON RIVER DR
DELTA, CO 81416

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

9/12/2007

Loan Approval Gross Amount

$878,000

Loan Approval from the SBA

Of the total $878,000 loan amount, the SBA guaranteed $658,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Noble Roman Pizza franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the borrowed money would help generate 3 new jobs.

Next Steps for Getting an SBA Loan

If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower.

Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today!

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:

Noble Roman's Pizza

Business Cash Advances

Best Delta, Colorado Banks for Small Business

Colorado SBA 7A Lenders