Middletown, OH Entrepreneur Gets SBA Loan to Buy Snappy Tomato Pizza Company Franchise

Need money to invest in a Snappy Tomato Pizza Company franchise? First Finan Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Snappy Tomato Pizza Company franchise? If so, here's a 2000 SBA franchise loan that you should know about. First Finan Bank was the lender and the entrepreneur was based in Middletown, Ohio.

SBA Loan Borrower

PIZZA GALLERY
MIDDLETOWN, OH 45044

SBA Loan Lender

FIRST FINAN BANK
7237 CINTI-DAYTON HWY
WEST CHESTER, OH 45069

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.

SIC Code

5812 - Eating Places

Loan Approval Date

9/25/2000

Loan Approval Gross Amount

$139,000

Loan Approval from the SBA

Of the total $139,000 loan amount, the SBA guaranteed $104,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Snappy Tomato Pizza Company franchise. At the time of the loan, the company had 7 employees. The loan application did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

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:

Snappy Tomato Pizza

Obtaining Funding - Getting Venture Capital

SBA Approved Banks in West Chester, Ohio

Getting an SBA Loan in Ohio