Fifth Third Bank Provides SBA Loan to Buy Bellacino's Pizza Franchise

Borrowing money to purchase a Bellacino's Pizza franchise? Fifth Third Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Bellacino's Pizza franchise? If so, here's a 2005 SBA franchise loan that you should know about. Fifth Third Bank was the lender and the entrepreneur was based in St. Clair Shores, Michigan.

SBA Loan Borrower

BELLACINO'S PIZZA & GRINDERS
ST. CLAIR SHORES, MI 48080

SBA Loan Lender

FIFTH THIRD BANK
111 LYON ST NW
GRAND RAPIDS, MI 49503

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/18/2005

Loan Approval Gross Amount

$265,500

Loan Approval from the SBA

Of the total $265,500 loan amount, the SBA guaranteed $199,125.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Bellacino's Pizza franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 15 new jobs and retain 15 existing jobs.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Bellacino's Pizza and Grinders

The Friends and Family Network

Find an SBA Lender in Grand Rapids, Michigan

Getting an SBA Loan in Michigan