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November 15, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Saint Louis, Business Loans > First National Bank - St. Louis Saint Louis Business Loans > Fortel's Pizza Den Loan | ||||
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O'Fallon, Missouri Bank Loan
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Loan to Buy Fortel's Pizza Den Franchise Issued By First National Bank - St. LouisNeed money to invest in a Fortel's Pizza Den franchise? First National Bank - St. Louis has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Fortel's Pizza Den franchise requires some effort but others before you have been successful. In 2000, First National Bank - St. Louis issued an SBA franchise loan to an entrepreneur in O'Fallon, Missouri. Because Fortel's Pizza Den was registered with the SBA's registry of franchises, this Missouri small business loan was issued on an expedited basis. SBA Loan Borrower FORTEL'S PIZZA DEN SBA Loan Lender FIRST NATIONAL BANK - ST. LOUIS This lender issued this particular SBA small 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 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 10/23/2000 Loan Approval Gross Amount $130,000 Loan Approval from the SBA Of the total $130,000 loan amount, the SBA guaranteed $97,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Fortel's Pizza Den franchise. At the time of the loan, the company had 15 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Who Lends Money to Small Businesses in Saint Louis, Missouri
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