Loan to Buy Pizza Ranch Franchise Issued By Central State Bank
Need money to purchase a Pizza Ranch franchise? Central State Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Pizza Ranch franchise shouldn't be overly burdensome. In 2006, Central State Bank issued an SBA franchise loan to an entrepreneur in Muscatine, Iowa. Because Pizza Ranch was registered with the SBA's registry of franchises, this Iowa small business loan was issued on an expedited basis.
SBA Loan Borrower
THE PIZZA RANCH
MUSCATINE, IA 52761
SBA Loan Lender
CENTRAL STATE BANK
301 IOWA AVE
MUSCATINE, IA 52761
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
2/13/2006
Loan Approval Gross Amount
$425,000
Loan Approval from the SBA
Of the total $425,000 loan amount, the SBA guaranteed $318,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Pizza Ranch franchise. At the time of the loan, the company
had 45 employees. The SBA loan documents did not indicate that the company promised 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 smart, affordable business financing for small businesses looking to expand.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
504 Loans
Small Business Banks in Muscatine, Iowa
Iowa SBA 7A Lenders