 |
 |
April 18, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Minneapolis, Business Loans > Wells Fargo Bank Minneapolis Business Loans > Topper's Pizza Loan | ||||
 |
||||
Loans to Buy a Franchise in Minnesota
|
||||
 |
Minnesota Entrepreneur Secures Financing to Buy Toppers Pizza FranchiseBorrowing money to buy a Toppers Pizza franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA. If you live near St. Cloud, Minnesota and are interested in buying a Toppers Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Wells Fargo Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower TOPPER'S PIZZA SBA Loan Lender WELLS FARGO BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 2/18/2004 Loan Approval Gross Amount $134,000 Loan Approval from the SBA Of the total $134,000 loan amount, the SBA guaranteed $113,900. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Toppers Pizza franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 15 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Banking Deregulation's Effects on Entrepreneurship Small Business Banks in Minneapolis, Minnesota Getting an SBA Loan in Minnesota
|
|
||
|
||||
|
|
||||