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December 19, 2024  
 
 
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Is It Possible to Borrow Money for a Franchise in Florrissant, Missouri?

 

 
Loan Census SBA Loan Info

Bremen Bank And Trust Company Provides SBA Loan to Buy Bellacino's Pizza Franchise

Need a loan to purchase a Bellacino's Pizza franchise? Bremen Bank And Trust Company has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Bellacino's Pizza franchise may simply require a phone call to a local SBA banker. In 2004, Bremen Bank And Trust Company issued an SBA franchise loan to an entrepreneur in Florrissant, Missouri. Because Bellacino's Pizza was registered with the SBA's registry of franchises, this Missouri small business loan was issued on an expedited basis.

SBA Loan Borrower

BELLACINO'S
FLORRISSANT, MO 63031

SBA Loan Lender

BREMEN BANK AND TRUST COMPANY
3529 N BROADWAY
SAINT LOUIS, MO 63147

This lender issued this debt financing 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.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

10/27/2004

Loan Approval Gross Amount

$199,900

Loan Approval from the SBA

Of the total $199,900 loan amount, the SBA guaranteed $149,925.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Bellacino's Pizza franchise. At the time of the loan, the company had 20 employees. The loan application did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 Bremen Bank And Trust Company 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.

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