Borrow Money to Buy a Godfather's Pizza Franchise

Need a loan to buy a Godfather's Pizza franchise? First American Bank has a history of making these loans and they are guaranteed by the SBA.

Godfather's Pizza franchise loans are available to Webster City, Iowa entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First American Bank, based in Fort Dodge, Iowa, issued an SBA franchise loan for a Godfather's Pizza franchise in 2004. We've got all the details on this Iowa small business loan.

SBA Loan Borrower

GODFATHER 'S PIZZA
WEBSTER CITY, IA 50595

SBA Loan Lender

FIRST AMERICAN BANK
1207 CENTRAL AVE
FORT DODGE, IA 50501

This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with getting a loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722310 - Food Service Contractors

Loan Approval Date

7/20/2004

Loan Approval Gross Amount

$135,000

Loan Approval from the SBA

Of the total $135,000 loan amount, the SBA guaranteed $114,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Godfather's Pizza franchise. At the time of the loan, the company had 35 employees. The SBA loan documents did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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.

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