Borrow Money to Buy a Ledo Pizza Franchise
Need a loan to purchase a Ledo Pizza franchise? The Adams National Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Washington, District of Columbia needed money to invest in a Ledo Pizza franchise back in 2007. The Adams National Bank issued an SBA franchise loan. Here are the details on this District of Columbia small business loan.
SBA Loan Borrower
LEDO PIZZA
WASHINGTON, DC 20001
SBA Loan Lender
THE ADAMS NATIONAL BANK
1130 CONNECTICUT AVE NW, STE
WASHINGTON, DC 20006
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
9/11/2007
Loan Approval Gross Amount
$1,300,000
Loan Approval from the SBA
Of the total $1,300,000 loan amount, the SBA guaranteed $975,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Ledo Pizza franchise. At the time of the loan, the company
had 50 employees. The loan application indicated that the funding would help generate 50 new jobs.
Start the Process for Getting an SBA Loan Today!
If you are working on finding money to start a business in Washington DC, you ought to talk with a local Washington SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Washington businesses.
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:
Ledo Pizza System, Inc.
Debt Financing
SBA 7A Banks for Washington, District of Columbia Loans
Getting an SBA Loan in District of Columbia