Allen Park, MI Entrepreneur Gets SBA Loan to Buy Little Ceasar's Pizza Franchise

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

Getting money to buy a Little Ceasar's Pizza franchise requires some effort but others before you have been successful. In 2001, National City Bank issued an SBA franchise loan to an entrepreneur in Allen Park, Michigan. Because Little Ceasar's Pizza was registered with the SBA's registry of franchises, this Michigan small business loan was issued on an expedited basis.

SBA Loan Borrower

RICHARDS LCI
ALLEN PARK, MI 48101

SBA Loan Lender

NATIONAL CITY BANK
2595 WAUKEGAN RD
BANNOCKBURN, IL 60015

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

6/26/2001

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 17 employees. The SBA loan application for the borrower indicated that the loan would help retain 17 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Allen Park MI, you ought to talk with a local Allen Park SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Allen Park businesses.

We can help you find the best banks for small businesses in Allen Park 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.

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