Borrow Money to Buy a Pizza Pro Franchise

Need money to invest in a Pizza Pro franchise? Kansas State Bank has a history of making these loans and they are guaranteed by the SBA.

Pizza Pro franchise loans are available to Ottawa, Kansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Kansas State Bank, based in Ottawa, Kansas, issued an SBA franchise loan for a Pizza Pro franchise in 2003. We've got all the details on this Kansas small business loan.

SBA Loan Borrower

PIZZA PRO KANSAS CITY LAWRENCE
OTTAWA, KS 66067

SBA Loan Lender

KANSAS STATE BANK
236 N MAIN ST
OTTAWA, KS 66067

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/12/2003

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pizza Pro franchise. At the time of the loan, the company had 46 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Kansas State Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

SBIR Funding

SBA 7A Banks for Ottawa, Kansas Loans

Where to Get an SBA Loan Kansas