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November 15, 2024  
 
 
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Loan Census SBA Loan Info

Loan to Buy Papa Murphy's Take & Bake Pizza Franchise Issued By Keybank National Association

Need a loan to purchase a Papa Murphy's Take & Bake Pizza franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Newport, Oregon needed money to invest in a Papa Murphy's Take & Bake Pizza franchise back in 2000. Keybank National Association issued an SBA franchise loan. Here are the details on this Oregon small business loan.

SBA Loan Borrower

PAPA MURPHY'S
NEWPORT, OR 97365

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

10/4/2000

Loan Approval Gross Amount

$134,700

Loan Approval from the SBA

Of the total $134,700 loan amount, the SBA guaranteed $101,025.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Papa Murphy's Take & Bake Pizza franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 6 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We can help you find the best banks for small businesses in Newport 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.

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