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November 15, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Washington, Business Loans > Washington State Bank Washington Business Loans > Pizza Ranch Of Washington, Inc Loan | ||||
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Raising Money in Washington, Iowa With SBA Loans
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Iowa Entrepreneur Secures Financing to Buy Pizza Ranch FranchiseNeed a loan to buy a Pizza Ranch franchise? Washington State Bank has a history of making these loans and they are guaranteed by the SBA. Pizza Ranch franchise loans are available to Washington, Iowa entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Washington State Bank, based in Washington, Iowa, issued an SBA franchise loan for a Pizza Ranch franchise in 2001. We've got all the details on this Iowa small business loan. SBA Loan Borrower PIZZA RANCH OF WASHINGTON, INC SBA Loan Lender WASHINGTON STATE BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 12/11/2001 Loan Approval Gross Amount $307,400 Loan Approval from the SBA Of the total $307,400 loan amount, the SBA guaranteed $230,550. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Pizza Ranch franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Washington State Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Microlending as a Small Business Funding Source SBA 7A Lenders in Washington, Iowa
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