Wisconsin Entrepreneur Secures Financing to Buy Toppers Pizza Franchise

Need money to purchase a Toppers Pizza franchise? First Citizens State Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Whitewater, Wisconsin needed money to invest in a Toppers Pizza franchise back in 2004. First Citizens State Bank issued an SBA franchise loan. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

TOPPERS PIZZA
WHITEWATER, WI 53190

SBA Loan Lender

FIRST CITIZENS STATE BANK
207 W MAIN ST
WHITEWATER, WI 53190

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

722211 - Limited-Service Restaurants

Loan Approval Date

6/1/2004

Loan Approval Gross Amount

$675,000

Loan Approval from the SBA

Of the total $675,000 loan amount, the SBA guaranteed $337,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Toppers Pizza franchise. At the time of the loan, the company had 60 employees. This SBA loan request indicated that the loan would help generate 20 new jobs and retain 60 existing jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into First Citizens State Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Topper's Pizza

Small Business Credit Cards

SBA Participating Banks in Whitewater, Wisconsin

SBA Lenders in Wisconsin