Landmark National Bank Provides SBA Loan to Buy The Pita Pit Franchise
Need money to purchase a Pita Pit franchise? Landmark National Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Manhattan, Kansas and are interested in buying a The Pita Pit franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Landmark National Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
THE PITA PIT
MANHATTAN, KS 66502
SBA Loan Lender
LANDMARK NATIONAL BANK
701 POYNTZ AVE
MANHATTAN, KS 66502
This lender issued this particular SBA small business loan 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.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
2/9/2004
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 a new business. This loan was used to buy a The Pita Pit franchise. At the time of the loan, the company
had 10 employees. The loan application did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
We've showcased information on this loan to let you know that businesses like yours 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:
Pita Pit
Advice on Getting a Small Business Loan
Small Bank Loans in Manhattan, Kansas
SBA Participating Banks in Kansas