Missouri Entrepreneur Secures Financing to Buy Fortel's Pizza Den Franchise

Borrowing money to purchase a Fortel's Pizza Den franchise? Southwest Bank Of St. Louis has a history of making these loans and they are guaranteed by the SBA.

Fortel's Pizza Den franchise loans are available to O Fallon, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Southwest Bank Of St. Louis, based in Saint Louis, Missouri, issued an SBA franchise loan for a Fortel's Pizza Den franchise in 2004. We've got all the details on this Missouri small business loan.

SBA Loan Borrower

LIVING ON A PRAYER, LLC
O FALLON, MO 63366

SBA Loan Lender

SOUTHWEST BANK OF ST. LOUIS
2301 S KINGSHIGHWAY BLVD
SAINT LOUIS, MO 63110

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

11/16/2004

Loan Approval Gross Amount

$237,000

Loan Approval from the SBA

Of the total $237,000 loan amount, the SBA guaranteed $177,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Fortel's Pizza Den franchise. At the time of the loan, the company had 20 employees. The SBA loan documents did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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