Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

SBA Franchise Lenders in Utah

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a 5 Buck Pizza Franchise

Need money to purchase a 5 Buck Pizza franchise? Mountain America Fcu has a history of making these loans and they are guaranteed by the SBA.

If you live near West Jordan, Utah and are interested in buying a 5 Buck Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Mountain America Fcu. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

5 BUCK PIZZA WEST JORDAN 5 BUC
WEST JORDAN, UT 84088

SBA Loan Lender

MOUNTAIN AMERICA FCU
7181 S CAMPUS VIEW DR
WEST JORDAN, UT 84084

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

9/22/2005

Loan Approval Gross Amount

$61,900

Loan Approval from the SBA

Of the total $61,900 loan amount, the SBA guaranteed $52,615.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a 5 Buck Pizza franchise. At the time of the loan, the company had 25 employees. This SBA loan request indicated that the loan would help generate 7 new jobs and retain 25 existing jobs.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We can help you find the best banks for small businesses in West Jordan or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

5 Buck Pizza

Getting a Small Business Loan

Good Banks for Small Business in West Jordan, Utah

SBA Lenders in Utah