Loan to Buy Pizza Pipeline Franchise Issued By Amer National Bank - Texas
Need a loan to buy a Pizza Pipeline franchise? Amer National Bank - Texas has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Pizza Pipeline franchise? If so, here's a 2004 SBA franchise loan that you should know about. Amer National Bank - Texas was the lender and the entrepreneur was based in Frisco, Texas.
SBA Loan Borrower
THE PIZZA PIPELINE
FRISCO, TX 75034
SBA Loan Lender
AMER NATIONAL BANK - TEXAS
102 W MOORE
TERRELL, TX 75160
This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.
SBA Loan Program Type
This loan was issued as a general business loan.
722211 - Limited-Service Restaurants
Loan Approval Date
Loan Approval Gross Amount
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 Pizza Pipeline franchise. At the time of the loan, the company
had 10 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
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 Amer National Bank - Texas 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.
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