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Amer Bank Provides SBA Loan to Buy Little Ceasar's Pizza Franchise

Need a loan to invest in a Little Ceasar's Pizza franchise? Amer Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Little Ceasar's Pizza franchise? If so, here's a 2005 SBA franchise loan that you should know about. Amer Bank was the lender and the entrepreneur was based in Austin, Texas.

SBA Loan Borrower

LITTLE CAESARS #1366-1
2601 E. 7TH ST., SUITE A
AUSTIN, TX 78702

SBA Loan Lender

AMER BANK
711 N CARANCAHUA
CORPUS CHRISTI, TX 78411

This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/28/2005

Loan Approval Gross Amount

$176,582

Loan Approval from the SBA

Of the total $176,582 loan amount, the SBA guaranteed $132,437.

More Information on This SBA Loan

The borrower, Little Caesars #1366-1, borrowed this money for a new business. This loan was used to buy a Little Ceasar's Pizza franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. Little Caesars #1366-1 needed a loan. Amer Bank probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, Amer Bank made the loan. The end result was that Little Caesars #1366-1 was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Little Caesars

How to Raise Money

SBA 7A Banks for Corpus Christi, Texas Loans

Getting an SBA Loan in Texas

 

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