St. Louis, MO Entrepreneur Gets SBA Loan to Buy St. Louis Pizza & Wings Franchise

Borrowing money to invest in a St. Louis Pizza & Wings franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a St. Louis Pizza & Wings franchise? If so, here's a 2005 SBA franchise loan that you should know about. Regions Bank was the lender and the entrepreneur was based in St. Louis, Missouri.

SBA Loan Borrower

ST LOUIS PIZZA & WINGS
ST. LOUIS, MO 63139

SBA Loan Lender

REGIONS BANK
6200 POPLAR AVE
MEMPHIS, TN 38119

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

2/3/2005

Loan Approval Gross Amount

$171,300

Loan Approval from the SBA

Of the total $171,300 loan amount, the SBA guaranteed $128,475.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a St. Louis Pizza & Wings franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 17 new jobs and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Regions Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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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