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November 15, 2024  
 
 
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Missouri Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Loan to Buy Little Ceasar's Pizza Franchise Issued By The Central Trust Bank

Need money to purchase a Little Ceasar's Pizza franchise? The Central Trust Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Fulton, Missouri 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 2002 by The Central Trust Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

LITTLE CEASARS
FULTON, MO 65251

SBA Loan Lender

THE CENTRAL TRUST BANK
238 MADISON ST
JEFFERSON CITY, MO 65101

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/21/2002

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 22 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to add employees or retain any existing employees.

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

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

We can help you find the best banks for small businesses in Fulton or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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