Loan to Buy Pier 49 Pizza Franchise Issued By Americanwest Bank

Need a loan to invest in a Pier 49 Pizza franchise? Americanwest Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Pier 49 Pizza franchise? If so, here's a 2004 SBA franchise loan that you should know about. Americanwest Bank was the lender and the entrepreneur was based in Springville, Utah.

SBA Loan Borrower

BELLA PIZZA PLACE LLC DBA PIER
SPRINGVILLE, UT 84663

SBA Loan Lender

AMERICANWEST BANK
201 E CENTER ST
PROVO, UT 84606

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

4/2/2004

Loan Approval Gross Amount

$233,000

Loan Approval from the SBA

Of the total $233,000 loan amount, the SBA guaranteed $174,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Pier 49 Pizza franchise. At the time of the loan, the company had 14 employees. The loan application indicated that the loan would help generate 14 new jobs and retain 14 existing jobs.

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.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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