Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

I Need Commercial Loans to Buy a Franchise in Pataskala, Ohio

 

 
Loan Census SBA Loan Info

Pataskala, OH Entrepreneur Gets SBA Loan to Buy Creno's Pizza Franchise

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

An entrepreneur in Pataskala, Ohio needed money to invest in a Creno's Pizza franchise back in 2007. Century National Bank issued an SBA franchise loan. Here are the details on this Ohio small business loan.

SBA Loan Borrower

CRENO'S PIZZA
PATASKALA, OH 43062

SBA Loan Lender

CENTURY NATIONAL BANK
505 MARKET ST
ZANESVILLE, OH 43701

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

6/6/2007

Loan Approval Gross Amount

$122,000

Loan Approval from the SBA

Of the total $122,000 loan amount, the SBA guaranteed $103,700.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Creno's Pizza franchise. At the time of the loan, the company had 16 employees. The loan application indicated that the funding would help create 16 new jobs.

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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Century National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Business Line of Credit

Banks in Zanesville, Ohio

Ohio SBA Bank Lenders