First Bank Financial Centre Provides SBA Loan to Buy Fox's Pizza Den Franchise
Need money to buy a Fox's Pizza Den franchise? First Bank Financial Centre has a history of making these loans and they are guaranteed by the SBA.
Fox's Pizza Den franchise loans are available to Hartford, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Bank Financial Centre, based in Hartford, Wisconsin, issued an SBA franchise loan for a Fox's Pizza Den franchise in 2003. We've got all the details on this Wisconsin small business loan.
SBA Loan Borrower
FOX'S PIZZA DEN
HARTFORD, WI 53027
SBA Loan Lender
FIRST BANK FINANCIAL CENTRE
940 BELL AVE
HARTFORD, WI 53029
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
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
8/5/2003
Loan Approval Gross Amount
$118,000
Loan Approval from the SBA
Of the total $118,000 loan amount, the SBA guaranteed $100,300.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Fox's Pizza Den franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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 First Bank Financial Centre 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:
Fox's Pizza Den
Obtaining Funding - Getting Venture Capital
Where to Get an SBA Loan in Hartford, Wisconsin
Wisconsin SBA 7A Banks