Ohio Entrepreneur Secures Financing to Buy Marco's Pizza Franchise

Borrowing money to buy a Marco's Pizza franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Marco's Pizza franchise? If so, here's a 2007 SBA franchise loan that you should know about. Jpmorgan Chase Bank was the lender and the entrepreneur was based in Marengo, Ohio.

SBA Loan Borrower

MARCO'S PIZZA
MARENGO, OH 43334

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

The lender provided this bank 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

7/16/2007

Loan Approval Gross Amount

$65,900

Loan Approval from the SBA

Of the total $65,900 loan amount, the SBA guaranteed $32,950.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Marco's Pizza franchise. At the time of the loan, the company had 24 employees. This SBA loan request indicated that the loan would help generate 24 new jobs and retain 20 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Jpmorgan Chase Bank and they will explain how you can get an SBA loan for your company.

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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