Maine Entrepreneur Secures Financing to Buy Little Ceasar's Pizza Franchise

Need money to invest in a Little Ceasar's Pizza franchise? Rivergreen Bank has a history of making these loans and they are guaranteed by the SBA.

Little Ceasar's Pizza franchise loans are available to Westbrook, Maine entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rivergreen Bank, based in Kennebunk, Maine, issued an SBA franchise loan for a Little Ceasar's Pizza franchise in 2007. We've got all the details on this Maine small business loan.

SBA Loan Borrower

BISTRO 21 LLC
WESTBROOK, ME 04092

SBA Loan Lender

RIVERGREEN BANK
36 PORTLAND RD
KENNEBUNK, ME 04043

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

722110 - Full-Service Restaurants

Loan Approval Date

5/18/2007

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $35,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Little Ceasar's Pizza franchise. At the time of the loan, the company had 7 employees. The loan application indicated that the loan would help generate 7 new jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $70,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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Getting an SBA Loan in Maine