Springfield, MO Entrepreneur Gets SBA Loan to Buy Fox's Pizza Den Franchise
Need a loan to invest in a Fox's Pizza Den franchise? Southern Missouri Bank - Marshfi has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Fox's Pizza Den franchise? If so, here's a 2006 SBA franchise loan that you should know about. Southern Missouri Bank - Marshfi was the lender and the entrepreneur was based in Springfield, Missouri.
SBA Loan Borrower
FOX'S PIZZA DEN
SPRINGFIELD, MO 65810
SBA Loan Lender
SOUTHERN MISSOURI BANK - MARSHFI
1292 BANNING ST
MARSHFIELD, MO 65706
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
11/29/2006
Loan Approval Gross Amount
$160,000
Loan Approval from the SBA
Of the total $160,000 loan amount, the SBA guaranteed $120,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Fox's Pizza Den franchise. At the time of the loan, the company
had 9 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Southern Missouri Bank - Marshfi had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Southern Missouri Bank - Marshfi made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Fox's Pizza Den
Business Credit Evaluation
Where to Get an SBA Loan in Marshfield, Missouri
SBA Missouri Banks