Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Kenova, West Virginia Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Giovanni's Pizza Franchise

Borrowing money to buy a Giovanni's Pizza franchise? Branch Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Giovanni's Pizza franchise loans are available to Kenova, West Virginia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Branch Bank & Trust, based in Huntington, West Virginia, issued an SBA franchise loan for a Giovanni's Pizza franchise in 2000. We've got all the details on this West Virginia small business loan.

SBA Loan Borrower

GIOVANNI'S PIZZA
KENOVA, WV 25530

SBA Loan Lender

BRANCH BANK & TRUST
10 W 6TH AVE
HUNTINGTON, WV 25701

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

9/18/2000

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $48,000.

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 7 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Business Line of Credit

Small Business Banks in Huntington, West Virginia

SBA West Virginia Banks