Missouri Entrepreneur Secures Financing to Buy Pizza Street Franchise

Borrowing money to buy a Pizza Street franchise? New Frontier Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Lake St Louis, Missouri needed money to invest in a Pizza Street franchise back in 2006. New Frontier Bank issued an SBA franchise loan. Here are the details on this Missouri small business loan.

SBA Loan Borrower

PIZZA STREET
LAKE ST LOUIS, MO 63367

SBA Loan Lender

NEW FRONTIER BANK
1771 ZUMBEHL RD
SAINT CHARLES, MO 63303

The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

2/9/2006

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $40,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pizza Street franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 30 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in Lake St Louis MO, you ought to talk with a local Lake St Louis SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lake St Louis businesses.

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 Incubators

SBA 7A Lenders in Saint Charles, Missouri

Getting an SBA Loan in Missouri