Loan to Buy Giovanni's Pizza Franchise Issued By Oak Hill Banks

Borrowing money to invest in a Giovanni's Pizza franchise? Oak Hill Banks has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Giovanni's Pizza franchise shouldn't be overly burdensome. In 2007, Oak Hill Banks issued an SBA franchise loan to an entrepreneur in Jackson, Ohio. Because Giovanni's Pizza was registered with the SBA's registry of franchises, this Ohio small business loan was issued on an expedited basis.

SBA Loan Borrower

GIOVANNI'S PIZZA
JACKSON, OH 45640

SBA Loan Lender

OAK HILL BANKS
120 TWIN OAKS DR
JACKSON, OH 45640

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

5/1/2007

Loan Approval Gross Amount

$733,000

Loan Approval from the SBA

Of the total $733,000 loan amount, the SBA guaranteed $549,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Giovanni's Pizza franchise. At the time of the loan, the company had 9 employees. The loan application indicated that the loan would help generate 1 new job and retain 9 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Oak Hill Banks and they will explain how you can get an SBA loan for your company.

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:

Obtaining Funding - Friends and Family

Good Banks for Small Business in Jackson, Ohio

Ohio SBA 7A Banks