Dewitt, IA Entrepreneur Gets SBA Loan to Buy Fox's Pizza Den Franchise

Need a loan to purchase a Fox's Pizza Den franchise? First Central State Bank has a history of making these loans and they are guaranteed by the SBA.

Fox's Pizza Den franchise loans are available to Dewitt, Iowa entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Central State Bank, based in De Witt, Iowa, issued an SBA franchise loan for a Fox's Pizza Den franchise in 2005. We've got all the details on this Iowa small business loan.

SBA Loan Borrower

FOX'S PIZZA DEN
DEWITT, IA 52742

SBA Loan Lender

FIRST CENTRAL STATE BANK
914 6TH AVE
DE WITT, IA 52742

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

2/11/2005

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

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 15 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

We've showcased information on this loan to let you know that businesses like yours 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:

Fox's Pizza Den

Business Line of Credit

SBA Participating Banks in De Witt, Iowa

SBA Lenders in Iowa