Borrow Money to Buy a Pizza Ranch Franchise

Need money to buy a Pizza Ranch franchise? North American State Bank has a history of making these loans and they are guaranteed by the SBA.

Pizza Ranch franchise loans are available to Slayton, Minnesota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, North American State Bank, based in Belgrade, Minnesota, issued an SBA franchise loan for a Pizza Ranch franchise in 2002. We've got all the details on this Minnesota small business loan.

SBA Loan Borrower

SLAYTON PIZZA RANCH
SLAYTON, MN 56172

SBA Loan Lender

NORTH AMERICAN STATE BANK
321 WASHBURN AVE
BELGRADE, MN 56312

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

9/10/2002

Loan Approval Gross Amount

$102,500

Loan Approval from the SBA

Of the total $102,500 loan amount, the SBA guaranteed $87,125.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Pizza Ranch franchise. At the time of the loan, the company had 18 employees. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like North American State 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:

Advice on Getting a Small Business Loan

Small Business Banks in Belgrade, Minnesota

Where to Get an SBA Loan Minnesota