Loan to Buy Fox's Pizza Den Franchise Issued By First Commonwealth Bank

Need money to purchase a Fox's Pizza Den franchise? First Commonwealth Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Fox's Pizza Den franchise may simply require a phone call to a local SBA banker. In 2005, First Commonwealth Bank issued an SBA franchise loan to an entrepreneur in Turtle Creek (westinghouse), Pennsylvania. Because Fox's Pizza Den was registered with the SBA's registry of franchises, this Pennsylvania small business loan was issued on an expedited basis.

SBA Loan Borrower

FOX'S PIZZA DEN OF MEADVILLE
TURTLE CREEK (WESTINGHOUSE), PA 15145

SBA Loan Lender

FIRST COMMONWEALTH BANK
RTE 220 & N JUNIATA ST
HOLLIDAYSBURG, PA 16648

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

9/12/2005

Loan Approval Gross Amount

$80,200

Loan Approval from the SBA

Of the total $80,200 loan amount, the SBA guaranteed $68,170.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fox's Pizza Den franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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:

Fox's Pizza Den

Obtaining Funding From a Venture Capitalist

Best Hollidaysburg, Pennsylvania Banks for Small Business

SBA Pennsylvania Banks