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May 2, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Larchwood, Business Loans > Security Savings Bank Larchwood Business Loans > Pizza Ranch Loan | ||||
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Security Savings Bank Franchise Business Loans
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Security Savings Bank Provides SBA Loan to Buy Pizza Ranch FranchiseNeed money to invest in a Pizza Ranch franchise? Security Savings Bank has a history of making these loans and they are guaranteed by the SBA. Pizza Ranch franchise loans are available to George, Iowa entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Security Savings Bank, based in Larchwood, Iowa, issued an SBA franchise loan for a Pizza Ranch franchise in 2005. We've got all the details on this Iowa small business loan. SBA Loan Borrower PIZZA RANCH SBA Loan Lender SECURITY SAVINGS BANK This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 5/26/2005 Loan Approval Gross Amount $115,000 Loan Approval from the SBA Of the total $115,000 loan amount, the SBA guaranteed $97,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Pizza Ranch franchise. At the time of the loan, the company had 15 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Best Larchwood, Iowa Banks for Small Business
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