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May 4, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Overland Park, Business Loans > Metcalf Bank Overland Park Business Loans > Papa Murphy's Take N Bake Pizz Loan | ||||
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Business Loans for Overland Park Businesses
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Kansas Entrepreneur Secures Financing to Buy Papa Murphy's Take & Bake Pizza FranchiseNeed money to buy a Papa Murphy's Take & Bake Pizza franchise? Metcalf Bank 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 Overland Park, Kansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Metcalf Bank, based in Overland Park, Kansas, issued an SBA franchise loan for a Papa Murphy's Take & Bake Pizza franchise in 2000. We've got all the details on this Kansas small business loan. SBA Loan Borrower PAPA MURPHY'S TAKE N BAKE PIZZ SBA Loan Lender METCALF 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. SIC Code 5812 - Eating Places Loan Approval Date 6/13/2000 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $80,000. More Information on This SBA Loan The borrower borrowed this money for a new 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 application for the borrower did not indicate that the company promised to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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 Metcalf Bank 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: Small Bank Loans in Overland Park, Kansas
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