Culpeper, VA Entrepreneur Gets SBA Loan to Buy Ledo Pizza Franchise

Need money to buy a Ledo Pizza franchise? Eaglebank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Ledo Pizza franchise requires some effort but others before you have been successful. In 2008, Eaglebank issued an SBA franchise loan to an entrepreneur in Culpeper, Virginia. Because Ledo Pizza was registered with the SBA's registry of franchises, this Virginia small business loan was issued on an expedited basis.

SBA Loan Borrower

LEDO'S PIZZA
CULPEPER, VA 22701

SBA Loan Lender

EAGLEBANK
7815 WOODMONT AVE
BETHESDA, MD 20814

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

1/3/2008

Loan Approval Gross Amount

$346,000

Loan Approval from the SBA

Of the total $346,000 loan amount, the SBA guaranteed $259,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Ledo Pizza franchise. At the time of the loan, the company had only one employee. The loan application indicated that the borrowed money would help generate 12 new jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $346,000 loan. Remember, where there is a will, there is a way!

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:

Ledo Pizza System, Inc.

Raising VC Money for Social Networking Companies

SBA Participating Banks in Bethesda, Maryland

Getting a Business Loan in Maryland