Loan to Buy Papa Murphy's Take & Bake Pizza Franchise Issued By Irwin Franchise Cap. Corp
Borrowing money to purchase a Papa Murphy's Take & Bake Pizza franchise? Irwin Franchise Cap. Corp has a history of making these loans and they are guaranteed by the SBA.
If you live near Springboro, Ohio and are interested in buying a Papa Murphy's Take & Bake Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Irwin Franchise Cap. Corp. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
PAPA MURPHY'S
SPRINGBORO, OH 45066
SBA Loan Lender
IRWIN FRANCHISE CAP. CORP
10 PARAGON DR
MONTVALE, NJ 07645
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
2/17/2006
Loan Approval Gross Amount
$220,000
Loan Approval from the SBA
Of the total $220,000 loan amount, the SBA guaranteed $110,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Papa Murphy's Take & Bake Pizza franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 14 new jobs and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.
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