Loan to Buy Papa John's Pizza Franchise Issued By Liberty Bank Of Arkansas

Borrowing money to invest in a Papa John's Pizza franchise? Liberty Bank Of Arkansas has a history of making these loans and they are guaranteed by the SBA.

Papa John's Pizza franchise loans are available to Mountain Home, Arkansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Liberty Bank Of Arkansas, based in Mountain Home, Arkansas, issued an SBA franchise loan for a Papa John's Pizza franchise in 2005. We've got all the details on this Arkansas small business loan.

SBA Loan Borrower

PAPA JOHN'S PIZZA
MOUNTAIN HOME, AR 72653

SBA Loan Lender

LIBERTY BANK OF ARKANSAS
665 HWY 62 NE
MOUNTAIN HOME, AR 72653

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

8/12/2005

Loan Approval Gross Amount

$178,500

Loan Approval from the SBA

Of the total $178,500 loan amount, the SBA guaranteed $133,875.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Papa John's Pizza franchise. At the time of the loan, the company had only one employee. 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 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.

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 Liberty Bank Of Arkansas 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.

Related Links:

Papa John's International

A Company That Helps Entrepreneurs

Small Business Banks in Mountain Home, Arkansas

Arkansas SBA Banks