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November 15, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Cochran, Business Loans > The Citizens Bank Of Cochran Cochran Business Loans > Papa's Pizza To Go Loan | ||||
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Is It Possible to Borrow Money for a Franchise in Hawkinsville, Georgia?
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Hawkinsville, GA Entrepreneur Gets SBA Loan to Buy Papa's Pizza To Go FranchiseBorrowing money to invest in a Papa's Pizza To Go franchise? The Citizens Bank Of Cochran has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Hawkinsville, Georgia needed money to invest in a Papa's Pizza To Go franchise back in 2002. The Citizens Bank Of Cochran issued an SBA franchise loan. Here are the details on this Georgia small business loan. SBA Loan Borrower PAPA'S PIZZA TO GO SBA Loan Lender THE CITIZENS BANK OF COCHRAN 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 722211 - Limited-Service Restaurants Loan Approval Date 5/17/2002 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Papa's Pizza To Go franchise. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the company promised to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: SBA 7A Banks for Cochran, Georgia Loans
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