Borrow Money to Buy a Pier 49 Pizza Franchise
Need a loan to purchase a Pier 49 Pizza franchise? Central Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Provo, Utah needed money to invest in a Pier 49 Pizza franchise back in 2002. Central Bank issued an SBA franchise loan. Here are the details on this Utah small business loan.
SBA Loan Borrower
PIER 49 SAN FRANCISCO SOURDOUG
PROVO, UT 84601
SBA Loan Lender
CENTRAL BANK
1300 N STATE ST
PROVO, UT 84604
This lender issued this particular commercial 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.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
5/24/2002
Loan Approval Gross Amount
$88,000
Loan Approval from the SBA
Of the total $88,000 loan amount, the SBA guaranteed $74,800.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Pier 49 Pizza franchise. At the time of the loan, the company
had 8 employees. The loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Central Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Angel Investors
Banks in Provo, Utah
Utah SBA Bank Lenders