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April 27, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Vancouver, Business Loans > Bank Of Clark County Vancouver Business Loans > Papa John's Pizza Loan | ||||
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Vancouver, Washington Bank Loan
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Vancouver, WA Entrepreneur Gets SBA Loan to Buy Papa John's Pizza FranchiseBorrowing money to purchase a Papa John's Pizza franchise? Bank Of Clark County has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Vancouver, Washington needed money to invest in a Papa John's Pizza franchise back in 2003. Bank Of Clark County issued an SBA franchise loan. Here are the details on this Washington small business loan. SBA Loan Borrower PAPA JOHN'S PIZZA SBA Loan Lender BANK OF CLARK COUNTY At the time this loan was granted, this lending institution participated in the SBA's Certified Lenders Program (CLP). This program was created to ensure quick service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 6/10/2003 Loan Approval Gross Amount $55,850 Loan Approval from the SBA Of the total $55,850 loan amount, the SBA guaranteed $41,888. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Papa John's Pizza franchise. At the time of the loan, the company had 28 employees. The SBA loan documents did not indicate that the company promised to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are working on finding money to start a business in Vancouver WA, you ought to talk with a local Vancouver SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Vancouver businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $55,850 loan. Remember, things become real when you believe you can achieve them! 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: Determining Proper Capital Structure for a Business SBA Participating Banks in Vancouver, Washington
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