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November 21, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Simple Simons Pizza Loan | ||||
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Where to Get a Business Loan to Purchase a Franchise
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Business Loan Center, LLC Provides SBA Loan to Buy Simple Simon's Pizza FranchiseNeed a loan to purchase a Simple Simon's Pizza franchise? Business Loan Center, LLC has a history of making these loans and they are guaranteed by the SBA. Simple Simon's Pizza franchise loans are available to Pryor (corporate Name Pryor Cr, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Business Loan Center, LLC, based in New York, New York, issued an SBA franchise loan for a Simple Simon's Pizza franchise in 2004. We've got all the details on this Oklahoma small business loan. SBA Loan Borrower SIMPLE SIMONS PIZZA SBA Loan Lender BUSINESS LOAN CENTER, LLC The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide business loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 10/25/2004 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $21,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Simple Simon's Pizza franchise. At the time of the loan, the company had 12 employees. The loan application indicated that the loan would help generate 28 new jobs and retain 12 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. 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 $25,000 loan. Remember, feel the fear, and do it anyway. 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: Role of Business Plan When Raising Money Good Banks for Small Business in New York, New York Getting an SBA Loan in New York
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