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November 15, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Bellacino's Loan | ||||
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Mooresville, North Carolina Bank Loan
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Mooresville, NC Entrepreneur Gets SBA Loan to Buy Bellacino's Pizza FranchiseNeed money to invest in a Bellacino's Pizza franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Mooresville, North Carolina needed money to invest in a Bellacino's Pizza franchise back in 2003. Cit Small Business Lending Corp issued an SBA franchise loan. Here are the details on this North Carolina small business loan. SBA Loan Borrower BELLACINO'S SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 3/14/2003 Loan Approval Gross Amount $247,500 Loan Approval from the SBA Of the total $247,500 loan amount, the SBA guaranteed $185,625. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Bellacino's Pizza franchise. At the time of the loan, the company had 27 employees. The SBA loan documents indicated that the loan would help generate 27 new jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. 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: Bellacino's Pizza and Grinders Best Livingston, New Jersey Banks for Small Business
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