Borrow Money to Buy a Rita's Real Italian Water Ice Franchise
Borrowing money to buy a Rita's Real Italian Water Ice franchise? Iron And Glass Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Pittsburgh, Pennsylvania and are interested in buying a Rita's Real Italian Water Ice franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2000 by Iron And Glass Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
RITA'S REAL ITALIAN ICE
PITTSBURGH, PA 15235
SBA Loan Lender
IRON AND GLASS BANK
1114 E CARSON ST
PITTSBURGH, PA 15203
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
5812 - Eating Places
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $121,000 loan amount, the SBA guaranteed $90,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Rita's Real Italian Water Ice franchise. At the time of the loan, the company
had 18 employees. The SBA loan documents did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Iron And Glass Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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.
How to Raise Money
SBA Approved Banks in Pittsburgh, Pennsylvania
Pennsylvania SBA Banks