Poplar Bluff, MO Entrepreneur Gets SBA Loan to Buy Papa John's Pizza Franchise
Need money to buy a Papa John's Pizza franchise? Capital One has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Poplar Bluff, Missouri needed money to invest in a Papa John's Pizza franchise back in 2005. Capital One issued an SBA franchise loan. Here are the details on this Missouri small business loan.
SBA Loan Borrower
TOWANDA, LLC DBA PAPA JOHN'S PIZZA
Poplar Bluff, MO 63901
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
6/24/2005
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Papa John's Pizza franchise. At the time of the loan, the company
had 13 employees. This SBA loan request indicated that the loan would help retain 13 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Capital One that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Papa John's International
Obtaining Funding - Getting Venture Capital
SBA Participating Banks in Mclean, Virginia
Getting a Business Loan in Virginia