Loan to Buy Mazzio's Pizza Franchise Issued By Kirkpatrick Bank

Borrowing money to invest in a Mazzio's Pizza franchise? Kirkpatrick Bank has a history of making these loans and they are guaranteed by the SBA.

Mazzio's Pizza franchise loans are available to Edmond, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Kirkpatrick Bank, based in Edmond, Oklahoma, issued an SBA franchise loan for a Mazzio's Pizza franchise in 2002. We've got all the details on this Oklahoma small business loan.

SBA Loan Borrower

MAZZIO'S PIZZA
EDMOND, OK 73034

SBA Loan Lender

KIRKPATRICK BANK
15 E 15TH ST
EDMOND, OK 73013

This lender issued this SBA small business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

11/15/2002

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 Mazzio's Pizza franchise. At the time of the loan, the company had 74 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Kirkpatrick Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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.

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