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April 25, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Las Vegas, Business Loans > Nevada State Bank Las Vegas Business Loans > Kreller Enterprises "Minden" L Loan | ||||
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Business Loans for Minden Businesses
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Nevada Entrepreneur Secures Financing to Buy Pizza Factory FranchiseNeed a loan to invest in a Pizza Factory franchise? Nevada State Bank has a history of making these loans and they are guaranteed by the SBA. Pizza Factory franchise loans are available to Minden, Nevada entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Nevada State Bank, based in Las Vegas, Nevada, issued an SBA franchise loan for a Pizza Factory franchise in 2000. We've got all the details on this Nevada small business loan. SBA Loan Borrower KRELLER ENTERPRISES "MINDEN" L SBA Loan Lender NEVADA STATE BANK 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 12/28/2000 Loan Approval Gross Amount $79,000 Loan Approval from the SBA Of the total $79,000 loan amount, the SBA guaranteed $39,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Pizza Factory franchise. At the time of the loan, the company had 15 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 25 existing jobs. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $79,000 loan. Remember, you control your own destiny. 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: Accountant's Role in Securing Financing
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