Borrow Money to Buy a Pizza Ranch Franchise
Need money to purchase a Pizza Ranch franchise? Home State Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Jefferson, Iowa needed money to invest in a Pizza Ranch franchise back in 2006. Home State Bank issued an SBA franchise loan. Here are the details on this Iowa small business loan.
SBA Loan Borrower
JEFFERSON PIZZA RANCH
JEFFERSON, IA 50129
SBA Loan Lender
HOME STATE BANK
115 W STATE ST
JEFFERSON, IA 50129
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
11/17/2006
Loan Approval Gross Amount
$225,000
Loan Approval from the SBA
Of the total $225,000 loan amount, the SBA guaranteed $168,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Pizza Ranch franchise. At the time of the loan, the company
had 16 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Home State Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
The Friends and Family Network
Banks in Jefferson, Iowa
SBA Iowa Lenders