Parsons, WV Entrepreneur Gets SBA Loan to Buy Fox's Pizza Den Franchise

Borrowing money to invest in a Fox's Pizza Den franchise? Mountain Valley Bank has a history of making these loans and they are guaranteed by the SBA.

Fox's Pizza Den franchise loans are available to Parsons, West Virginia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Mountain Valley Bank, based in Parsons, West Virginia, issued an SBA franchise loan for a Fox's Pizza Den franchise in 2003. We've got all the details on this West Virginia small business loan.

SBA Loan Borrower

FOX'S PIZZA DEN
PARSONS, WV 26287

SBA Loan Lender

MOUNTAIN VALLEY BANK
401 1ST ST
PARSONS, WV 26287

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

7/14/2003

Loan Approval Gross Amount

$57,806

Loan Approval from the SBA

Of the total $57,806 loan amount, the SBA guaranteed $49,135.

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 12 employees. The loan application did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $57,806 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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