Jonesboro, AR Entrepreneur Gets SBA Loan to Buy Fox's Pizza Den Franchise

Need a loan to buy a Fox's Pizza Den franchise? Simmons 1st Bank - Jonesboro has a history of making these loans and they are guaranteed by the SBA.

Fox's Pizza Den franchise loans are available to Jonesboro, Arkansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Simmons 1st Bank - Jonesboro, based in Jonesboro, Arkansas, issued an SBA franchise loan for a Fox's Pizza Den franchise in 2007. We've got all the details on this Arkansas small business loan.

SBA Loan Borrower

FOX'S PIZZA DEN
JONESBORO, AR 72401

SBA Loan Lender

SIMMONS 1ST BANK - JONESBORO
1720 S CARAWAY RD
JONESBORO, AR 72401

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/22/2007

Loan Approval Gross Amount

$86,000

Loan Approval from the SBA

Of the total $86,000 loan amount, the SBA guaranteed $43,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fox's Pizza Den franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help generate 6 new 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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $86,000 loan. Remember, things become real when you believe you can achieve them!

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.

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