Montana Entrepreneur Secures Financing to Buy Blackjack Pizza Franchise

Need money to purchase a Blackjack Pizza franchise? First Interstate Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Blackjack Pizza franchise shouldn't be too tough. In 2006, First Interstate Bank issued an SBA franchise loan to an entrepreneur in Missoula, Montana. Because Blackjack Pizza was registered with the SBA's registry of franchises, this Montana small business loan was issued on an expedited basis.

SBA Loan Borrower

BLACKJACK PIZZA
MISSOULA, MT 59801

SBA Loan Lender

FIRST INTERSTATE BANK
101 E FRONT
MISSOULA, MT 59802

This lender issued this SBA loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/30/2006

Loan Approval Gross Amount

$108,000

Loan Approval from the SBA

Of the total $108,000 loan amount, the SBA guaranteed $91,800.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Blackjack Pizza franchise. At the time of the loan, the company had 15 employees. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We can help you find the best banks for small businesses in Missoula or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Blackjack Pizza Franchising Inc.

Startup Funding Tip

SBA Banks in Missoula, Montana

Where to Get an SBA Loan Montana