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May 3, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > De Witt, Business Loans > First Central State Bank De Witt Business Loans > Fox's Pizza Den Loan | ||||
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Business Loans for Dewitt Small Business Owners
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Dewitt, IA Entrepreneur Gets SBA Loan to Buy Fox's Pizza Den FranchiseNeed a loan to purchase a Fox's Pizza Den franchise? First Central State Bank has a history of making these loans and they are guaranteed by the SBA. Fox's Pizza Den franchise loans are available to Dewitt, Iowa entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Central State Bank, based in De Witt, Iowa, issued an SBA franchise loan for a Fox's Pizza Den franchise in 2005. We've got all the details on this Iowa small business loan. SBA Loan Borrower FOX'S PIZZA DEN SBA Loan Lender FIRST CENTRAL STATE BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 2/11/2005 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $106,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Fox's Pizza Den franchise. At the time of the loan, the company had 15 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: SBA Participating Banks in De Witt, Iowa
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