Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Security Savings Bank Franchise Business Loans

 

 
Loan Census SBA Loan Info

Security Savings Bank Provides SBA Loan to Buy Pizza Ranch Franchise

Need money to invest in a Pizza Ranch franchise? Security Savings Bank has a history of making these loans and they are guaranteed by the SBA.

Pizza Ranch franchise loans are available to George, Iowa entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Security Savings Bank, based in Larchwood, Iowa, issued an SBA franchise loan for a Pizza Ranch franchise in 2005. We've got all the details on this Iowa small business loan.

SBA Loan Borrower

PIZZA RANCH
GEORGE, IA 51237

SBA Loan Lender

SECURITY SAVINGS BANK
430 HOLDER ST
LARCHWOOD, IA 51241

This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

5/26/2005

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 Pizza Ranch franchise. At the time of the loan, the company had 15 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Equity Financing

Best Larchwood, Iowa Banks for Small Business

Iowa SBA 7A Lenders