Loan Census Banking News and Information
November 14, 2024  
 
 
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Ohio Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Ohio Entrepreneur Secures Financing to Buy Little Ceasar's Pizza Franchise

Need money to invest in a Little Ceasar's Pizza franchise? The Commercial Savings Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Findlay, Ohio and are interested in buying a Little Ceasar's Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by The Commercial Savings Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

LITTLE CAESARS PIZZA
FINDLAY, OH 45840

SBA Loan Lender

THE COMMERCIAL SAVINGS BANK
118 S SANDUSKY AVE
UPPER SANDUSKY, OH 43351

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

6/30/2006

Loan Approval Gross Amount

$207,000

Loan Approval from the SBA

Of the total $207,000 loan amount, the SBA guaranteed $103,500.

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 13 employees. The SBA loan application for the borrower indicated that the loan would help retain 13 existing jobs.

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

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from The Commercial Savings 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.

Related Links:

Little Caesars

Obtaining Funding - How to Borrow Money

Small Business Banks in Upper Sandusky, Ohio

Getting an SBA Loan in Ohio