Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

I Need Commercial Loans to Buy a Franchise in Ithaca, New York

 

 
Loan Census SBA Loan Info

New York Entrepreneur Secures Financing to Buy Papa John's Pizza Franchise

Borrowing money to invest in a Papa John's Pizza franchise? Visions Fcu has a history of making these loans and they are guaranteed by the SBA.

Papa John's Pizza franchise loans are available to Ithaca, New York entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Visions Fcu, based in Endwell, New York, issued an SBA franchise loan for a Papa John's Pizza franchise in 2003. We've got all the details on this New York small business loan.

SBA Loan Borrower

PAPA JOHN'S PIZZA
ITHACA, NY 14850

SBA Loan Lender

VISIONS FCU
3301 COUNTRY CLUB RD
ENDWELL, NY 13760

This lender issued this particular bank 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.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/21/2003

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Papa John's Pizza franchise. At the time of the loan, the company had 15 employees. The SBA loan documents did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Papa John's International

Business Credit Evaluation

Find an SBA Lender in Endwell, New York

Browse All Business Loan Sources for New York