Borrow Money to Buy a Gionino's Pizzeria Franchise

Borrowing money to buy a Gionino's Pizzeria franchise? Consumers National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Gionino's Pizzeria franchise? If so, here's a 2003 SBA franchise loan that you should know about. Consumers National Bank was the lender and the entrepreneur was based in North Canton, Ohio.

SBA Loan Borrower

GIONINO'S PIZZERIA
NORTH CANTON, OH 44721

SBA Loan Lender

CONSUMERS NATIONAL BANK
1111 N CHAPEL
LOUISVILLE, OH 44641

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

8/27/2003

Loan Approval Gross Amount

$102,000

Loan Approval from the SBA

Of the total $102,000 loan amount, the SBA guaranteed $86,700.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Gionino's Pizzeria franchise. At the time of the loan, the company had 18 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

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 $102,000 loan. Remember, where there is a will, there is a way!

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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