New Philadelphia, OH Entrepreneur Gets SBA Loan to Buy Fox's Pizza Den Franchise
Borrowing money to buy a Fox's Pizza Den franchise? First Federal Community Bank has a history of making these loans and they are guaranteed by the SBA.
Fox's Pizza Den franchise loans are available to New Philadelphia, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Federal Community Bank, based in Dover, Ohio, issued an SBA franchise loan for a Fox's Pizza Den franchise in 2000. We've got all the details on this Ohio small business loan.
SBA Loan Borrower
FOX'S PIZZA DEN
NEW PHILADELPHIA, OH 44663
SBA Loan Lender
FIRST FEDERAL COMMUNITY BANK
321 N WOOSTER AVE
DOVER, OH 44622
This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2099 - Food Preparations
Loan Approval Date
1/31/2000
Loan Approval Gross Amount
$68,000
Loan Approval from the SBA
Of the total $68,000 loan amount, the SBA guaranteed $54,400.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Fox's Pizza Den franchise. At the time of the loan, the company
had 17 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $68,000 loan. Remember, if it to be, it is up to me!
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:
Fox's Pizza Den
Obtaining Funding - Friends and Family
SBA Approved Banks in Dover, Ohio
Ohio SBA Bank Lenders