Loan Census Banking News and Information
May 4, 2024  
 
 
  Business Loan Information  
 

Best Banks for Franchise Loans in Utah

 

 
Loan Census SBA Loan Info

America First Fcu Provides SBA Loan to Buy Papa Murphy's Take & Bake Pizza Franchise

Need money to purchase a Papa Murphy's Take & Bake Pizza franchise? America First Fcu has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Papa Murphy's Take & Bake Pizza franchise? If so, here's a 2005 SBA franchise loan that you should know about. America First Fcu was the lender and the entrepreneur was based in Roy, Utah.

SBA Loan Borrower

PAPA MURPHY'S
ROY, UT 84067

SBA Loan Lender

AMERICA FIRST FCU
1344 WEST 4675 SOUTH
RIVERDALE, UT 84405

This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

722211 - Limited-Service Restaurants

Loan Approval Date

9/9/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Papa Murphy's Take & Bake Pizza franchise. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

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

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from America First Fcu 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.

Related Links:

Microlending as a Small Business Funding Source

SBA 7A Lenders in Riverdale, Utah

SBA Lenders in Utah