Loan Census Banking News and Information
November 23, 2024  
 
 
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Missouri Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Liberty Bank Provides SBA Loan to Buy Pizza Hut Franchise

Need a loan to invest in a Pizza Hut franchise? Liberty Bank has a history of making these loans and they are guaranteed by the SBA.

Pizza Hut franchise loans are available to Hollister, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Liberty Bank, based in Springfield, Missouri, issued an SBA franchise loan for a Pizza Hut franchise in 2006. We've got all the details on this Missouri small business loan.

SBA Loan Borrower

TANEYCOMO PIZZA,INC.
HOLLISTER, MO 65672

SBA Loan Lender

LIBERTY BANK
1414 E PRIMROSE
SPRINGFIELD, MO 65804

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

11/20/2006

Loan Approval Gross Amount

$662,000

Loan Approval from the SBA

Of the total $662,000 loan amount, the SBA guaranteed $496,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pizza Hut franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Pizza Hut, Inc.

Dealing With Venture Capitalists

Find an SBA Lender in Springfield, Missouri

Missouri SBA Banks