First National Bank Of Wyoming Provides SBA Loan to Buy Little Ceasar's Pizza Franchise

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

If you live near Laramie, Wyoming and are interested in buying a Little Ceasar's Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by First National Bank Of Wyoming. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

LITTLE CAESARS PIZZA
LARAMIE, WY 82070

SBA Loan Lender

FIRST NATIONAL BANK OF WYOMING
2020 GRAND AVE
LARAMIE, WY 82070

This lender issued this particular SBA 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

722211 - Limited-Service Restaurants

Loan Approval Date

5/21/2002

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Little Ceasar's Pizza franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

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.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First National Bank Of Wyoming and they will explain how you can get an SBA loan for your company.

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

Famous Venture Capitalists

SBA Approved Banks in Laramie, Wyoming

Wyoming SBA Banks