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April 18, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Elk Grove, Business Loans > Farmers & Merchants Bank - Cent. Elk Grove Business Loans > Papa Murphys Take N Bake Pizza Loan | ||||
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Where to Get a Bank Loan to Purchase a Franchise
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Farmers & Merchants Bank - Cent. Provides SBA Loan to Buy Papa Murphy's Take & Bake Pizza FranchiseNeed money to invest in a Papa Murphy's Take & Bake Pizza franchise? Farmers & Merchants Bank - Cent. has a history of making these loans and they are guaranteed by the SBA. Papa Murphy's Take & Bake Pizza franchise loans are available to Davis, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Farmers & Merchants Bank - Cent., based in Elk Grove, California, issued an SBA franchise loan for a Papa Murphy's Take & Bake Pizza franchise in 2001. We've got all the details on this California small business loan. SBA Loan Borrower PAPA MURPHYS TAKE N BAKE PIZZA SBA Loan Lender FARMERS & MERCHANTS BANK - CENT. This lender provides SBA 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 9/13/2001 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Papa Murphy's Take & Bake Pizza franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. 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 Farmers & Merchants Bank - Cent. 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: SBA 7A Banks for Elk Grove, California Loans
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