National City Bank Provides SBA Loan to Buy Bellacino's Pizza Franchise
Need money to purchase a Bellacino's Pizza franchise? National City Bank has a history of making these loans and they are guaranteed by the SBA.
Bellacino's Pizza franchise loans are available to Westfield, Indiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, National City Bank, based in Indianapolis, Indiana, issued an SBA franchise loan for a Bellacino's Pizza franchise in 2002. We've got all the details on this Indiana small business loan.
SBA Loan Borrower
BELLECINO'S RESTAURANT
WESTFIELD, IN 46064
SBA Loan Lender
NATIONAL CITY BANK
101 W WASHINGTON ST # 100 E
INDIANAPOLIS, IN 46255
This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
12/27/2002
Loan Approval Gross Amount
$83,000
Loan Approval from the SBA
Of the total $83,000 loan amount, the SBA guaranteed $62,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Bellacino's Pizza franchise. At the time of the loan, the company
had 18 employees. The SBA loan documents indicated that the loan would help generate 17 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Bellacino's Pizza and Grinders
Determining Proper Capital Structure for a Business
SBA Approved Banks in Indianapolis, Indiana
SBA Indiana Banks