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December 21, 2024  
 
 
  Business Loan Information  
 

Jefferson, Iowa Bank for SBA Loans

 

 
Loan Census SBA Loan Info

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