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May 2, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Jefferson, Business Loans > Home State Bank Jefferson Business Loans > Jefferson Pizza Ranch Loan | ||||
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Jefferson, Iowa Bank for SBA Loans
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Borrow Money to Buy a Pizza Ranch FranchiseNeed money to purchase a Pizza Ranch franchise? Home State Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Jefferson, Iowa needed money to invest in a Pizza Ranch franchise back in 2006. Home State Bank issued an SBA franchise loan. Here are the details on this Iowa small business loan. SBA Loan Borrower JEFFERSON PIZZA RANCH SBA Loan Lender HOME STATE BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 11/17/2006 Loan Approval Gross Amount $225,000 Loan Approval from the SBA Of the total $225,000 loan amount, the SBA guaranteed $168,750. 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 16 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Home State Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: The Friends and Family Network
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