Illinois National Bank Provides SBA Loan to Buy Godfather's Pizza Franchise

Need a loan to buy a Godfather's Pizza franchise? Illinois National Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Springfield, Illinois needed money to invest in a Godfather's Pizza franchise back in 2007. Illinois National Bank issued an SBA franchise loan. Here are the details on this Illinois small business loan.

SBA Loan Borrower

GOD FATHER'S PIZZA
SPRINGFIELD, IL 62711

SBA Loan Lender

ILLINOIS NATIONAL BANK
322 E CAPITOL AVE
SPRINGFIELD, IL 62701

This loan for a small business 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

722110 - Full-Service Restaurants

Loan Approval Date

11/20/2007

Loan Approval Gross Amount

$55,000

Loan Approval from the SBA

Of the total $55,000 loan amount, the SBA guaranteed $27,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Godfather's Pizza franchise. At the time of the loan, the company had 65 employees. The loan application indicated that the borrowed money would help generate 8 new jobs.

Getting an SBA Loan For Your Business

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

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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