Loan to Buy Fox's Pizza Den Franchise Issued By First National Bank

Borrowing money to purchase a Fox's Pizza Den franchise? First National Bank has a history of making these loans and they are guaranteed by the SBA.

Fox's Pizza Den franchise loans are available to Delhi, Louisiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First National Bank, based in Arcadia, Louisiana, issued an SBA franchise loan for a Fox's Pizza Den franchise in 2006. We've got all the details on this Louisiana small business loan.

SBA Loan Borrower

FOX'S PIZZA DEN
DELHI, LA 71232

SBA Loan Lender

FIRST NATIONAL BANK
1890 N RAILROAD AVE
ARCADIA, LA 71001

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

9/22/2006

Loan Approval Gross Amount

$115,000

Loan Approval from the SBA

Of the total $115,000 loan amount, the SBA guaranteed $97,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fox's Pizza Den franchise. At the time of the loan, the company had 6 employees. The SBA loan documents did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First National Bank and they will explain how you can get an SBA loan for your company.

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:

Fox's Pizza Den

Realistic Debt Financing Options

SBA 7A Lenders in Arcadia, Louisiana

Louisiana SBA Banks