Utah Entrepreneur Secures Financing to Buy Pier 49 Pizza Franchise
Need money to purchase a Pier 49 Pizza franchise? America West Bank has a history of making these loans and they are guaranteed by the SBA.
Pier 49 Pizza franchise loans are available to West Valley City, Utah entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, America West Bank, based in Layton, Utah, issued an SBA franchise loan for a Pier 49 Pizza franchise in 2002. We've got all the details on this Utah small business loan.
SBA Loan Borrower
PIER 49 SAN FRANCISCO SOURDOUG
WEST VALLEY CITY, UT 84120
SBA Loan Lender
AMERICA WEST BANK
476 W HERITAGE PARK BLVD, STE
LAYTON, UT 84041
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
1/9/2002
Loan Approval Gross Amount
$49,000
Loan Approval from the SBA
Of the total $49,000 loan amount, the SBA guaranteed $41,650.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Pier 49 Pizza franchise. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in West Valley City or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Equity Financing
Good Banks for Small Business in Layton, Utah
Getting an SBA Loan in Utah