Borrow Money to Buy a Little Ceasar's Pizza Franchise
Need a loan to purchase a Little Ceasar's Pizza franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Little Ceasar's Pizza franchise? If so, here's a 2007 SBA franchise loan that you should know about. Regions Bank was the lender and the entrepreneur was based in Edwardsville, Illinois.
SBA Loan Borrower
LITTLE CAESARS PALACE
EDWARDSVILLE, IL 62025
SBA Loan Lender
REGIONS BANK
6637 ROSWELL RD
ATLANTA, GA 30328
This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
1/16/2007
Loan Approval Gross Amount
$175,000
Loan Approval from the SBA
Of the total $175,000 loan amount, the SBA guaranteed $87,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Little Ceasar's Pizza franchise. At the time of the loan, the company
had 75 employees. The SBA loan documents indicated that the loan would help generate 15 new jobs and retain 75 existing jobs.
Next Steps for Getting an SBA Loan
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Regions Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Little Caesars
Business Credit Evaluation
SBA Participating Banks in Atlanta, Georgia
Georgia SBA Bank Lenders