Sterling Heights, MI Entrepreneur Gets SBA Loan to Buy Little Ceasar's Pizza Franchise
Need money to invest in a Little Ceasar's Pizza franchise? Rbs Citizens has a history of making these loans and they are guaranteed by the SBA.
Little Ceasar's Pizza franchise loans are available to Sterling Heights, Michigan entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rbs Citizens, based in Providence, Rhode Island, issued an SBA franchise loan for a Little Ceasar's Pizza franchise in 2005. We've got all the details on this Michigan small business loan.
SBA Loan Borrower
MOTOWN CAESARS, INC.
STERLING HEIGHTS, MI 48313
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
2/11/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Little Ceasar's Pizza franchise. At the time of the loan, the company
had 25 employees. The loan application indicated that the loan would help retain 25 existing jobs.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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:
Little Caesars
Startup Funding Tip
Best Banks for Small Business in Providence, Rhode Island
Rhode Island SBA Banks