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November 15, 2024  
 
 
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Harris National Association Provides SBA Loan to Buy Nick-N-Willy's Pizza Franchise

Need money to invest in a Nick-N-Willy's Pizza franchise? Harris National Association has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Nick-N-Willy's Pizza franchise shouldn't be too tough. In 2004, Harris National Association issued an SBA franchise loan to an entrepreneur in Batavia, Illinois. Because Nick-N-Willy's Pizza was registered with the SBA's registry of franchises, this Illinois small business loan was issued on an expedited basis.

SBA Loan Borrower

NICK & WILLY'S WORLD FAMOUS TA
BATAVIA, IL 60510

SBA Loan Lender

HARRIS NATIONAL ASSOCIATION
503 N WASHINGTON ST
NAPERVILLE, IL 60563

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

4/5/2004

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Nick-N-Willy's Pizza franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 2 existing jobs.

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.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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