Bank Of Lenawee Provides SBA Loan to Buy Little Ceasar's Pizza Franchise
Need a loan to purchase a Little Ceasar's Pizza franchise? Bank Of Lenawee has a history of making these loans and they are guaranteed by the SBA.
If you live near Tecumseh, Michigan and are interested in buying a Little Ceasar's Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Bank Of Lenawee. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
LITTLE CAESAR'S PIZZA
TECUMSEH, MI 49286
SBA Loan Lender
BANK OF LENAWEE
135 E MAUMEE ST
ADRIAN, MI 49221
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
9/22/2005
Loan Approval Gross Amount
$130,000
Loan Approval from the SBA
Of the total $130,000 loan amount, the SBA guaranteed $110,500.
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 10 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Tecumseh or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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
Borrowing Money from Friends and Family
SBA Approved Banks in Adrian, Michigan
SBA Participating Banks in Michigan