Turtle Creek (westinghouse), PA Entrepreneur Gets SBA Loan to Buy Fox's Pizza Den Franchise
Need money to buy 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 is doable. 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 TURTLE CREE
TURTLE CREEK (WESTINGHOUSE), PA 15145
SBA Loan Lender
FIRST COMMONWEALTH BANK
RTE 220 & N JUNIATA ST
HOLLIDAYSBURG, PA 16648
The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
722211 - Limited-Service Restaurants
Loan Approval Date
3/17/2005
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Fox's Pizza Den franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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
Advice on Getting a Small Business Loan
Best Hollidaysburg, Pennsylvania Banks for Small Business
Pennsylvania SBA Bank Lenders