Loan to Buy Ledo Pizza Franchise Issued By Provident Bank Of Maryland

Borrowing money to buy a Ledo Pizza franchise? Provident Bank Of Maryland has a history of making these loans and they are guaranteed by the SBA.

If you live near Leesburg, Virginia and are interested in buying a Ledo Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Provident Bank Of Maryland. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

LEDO PIZZA
LEESBURG, VA 20176

SBA Loan Lender

PROVIDENT BANK OF MARYLAND
37 E MAIN ST
WARRENTON, VA 20186

This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

5/30/2001

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Ledo Pizza franchise. At the time of the loan, the company had 31 employees. This SBA loan request did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Leesburg VA, you ought to talk with a local Leesburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Leesburg businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Ledo Pizza System, Inc.

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SBA Participating Banks in Virginia