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May 2, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Montvale, Business Loans > Irwin Franchise Cap. Corp Montvale Business Loans > Papa Murphy's Loan | ||||
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Elizabeth, Colorado Bank Loan
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Elizabeth, CO Entrepreneur Gets SBA Loan to Buy Papa Murphy's Take & Bake Pizza FranchiseBorrowing money to buy a Papa Murphy's Take & Bake Pizza franchise? Irwin Franchise Cap. Corp has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Papa Murphy's Take & Bake Pizza franchise requires some effort but others before you have been successful. In 2005, Irwin Franchise Cap. Corp issued an SBA franchise loan to an entrepreneur in Elizabeth, Colorado. Because Papa Murphy's Take & Bake Pizza was registered with the SBA's registry of franchises, this Colorado small business loan was issued on an expedited basis. SBA Loan Borrower PAPA MURPHY'S SBA Loan Lender IRWIN FRANCHISE CAP. CORP This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 12/1/2005 Loan Approval Gross Amount $160,000 Loan Approval from the SBA Of the total $160,000 loan amount, the SBA guaranteed $80,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Papa Murphy's Take & Bake Pizza franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 6 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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 Montvale, New Jersey
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