Borrow Money to Buy a Little Ceasar's Pizza Franchise

Need a loan to purchase a Little Ceasar's Pizza franchise? The Bank Of Marion has a history of making these loans and they are guaranteed by the SBA.

Little Ceasar's Pizza franchise loans are available to Marion, Illinois entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Bank Of Marion, based in Marion, Illinois, issued an SBA franchise loan for a Little Ceasar's Pizza franchise in 2004. We've got all the details on this Illinois small business loan.

SBA Loan Borrower

LITTLE CAESARS PIZZA
MARION, IL 62959

SBA Loan Lender

THE BANK OF MARION
300 TOWER SQUARE PLZ
MARION, IL 62959

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

12/30/2004

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 Little Ceasar's Pizza franchise. At the time of the loan, the company had 20 employees. This SBA loan request did not indicate that the small business 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 loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The Bank Of Marion are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Little Caesars

Attracting Investors

SBA 7A Banks for Marion, Illinois Loans

Getting a Business Loan in Illinois