Jefferson City, MO Entrepreneur Gets SBA Loan to Buy Papa Murphy's Take & Bake Pizza Franchise
Need a loan to invest in a Papa Murphy's Take & Bake Pizza franchise? Premier Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Papa Murphy's Take & Bake Pizza franchise shouldn't be too tough. In 2007, Premier Bank issued an SBA franchise loan to an entrepreneur in Jefferson City, Missouri. Because Papa Murphy's Take & Bake Pizza was registered with the SBA's registry of franchises, this Missouri small business loan was issued on an expedited basis.
SBA Loan Borrower
BURGESS BROTHERS FOODS INC
JEFFERSON CITY, MO 65109
SBA Loan Lender
PREMIER BANK
815 W STADIUM BLVD
JEFFERSON CITY, MO 65109
This lender issued this business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
12/6/2007
Loan Approval Gross Amount
$333,300
Loan Approval from the SBA
Of the total $333,300 loan amount, the SBA guaranteed $249,975.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Papa Murphy's Take & Bake Pizza franchise. At the time of the loan, the company
had 33 employees. This SBA loan request indicated that the loan would help retain 33 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This SBA loan was for $333,300. How would you spend $333,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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 - Getting Venture Capital
Small Bank Loans in Jefferson City, Missouri
SBA Missouri Banks