Minnesota Entrepreneur Secures Financing to Buy Little Ceasar's Pizza Franchise
Borrowing money to invest in a Little Ceasar's Pizza franchise? Winona National Bank has a history of making these loans and they are guaranteed by the SBA.
Little Ceasar's Pizza franchise loans are available to Winona, Minnesota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Winona National Bank, based in Winona, Minnesota, issued an SBA franchise loan for a Little Ceasar's Pizza franchise in 2000. We've got all the details on this Minnesota small business loan.
SBA Loan Borrower
LITTLE CEASARS PIZZA
WINONA, MN 55987
SBA Loan Lender
WINONA NATIONAL BANK
1491 W BROADWAY
WINONA, MN 55987
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.
SIC Code
5812 - Eating Places
Loan Approval Date
7/31/2000
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $40,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Little Ceasar's Pizza franchise. At the time of the loan, the company
had 15 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Winona National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
Little Caesars
Alternative Financing
SBA Approved Banks in Winona, Minnesota
Getting an SBA Loan in Minnesota