Borrow Money to Buy a Snappy Tomato Pizza Company Franchise

Need a loan to buy a Snappy Tomato Pizza Company franchise? Bancorpsouth Bank has a history of making these loans and they are guaranteed by the SBA.

Snappy Tomato Pizza Company franchise loans are available to Brentwood, Tennessee entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bancorpsouth Bank, based in Brentwood, Tennessee, issued an SBA franchise loan for a Snappy Tomato Pizza Company franchise in 2005. We've got all the details on this Tennessee small business loan.

SBA Loan Borrower

SNAPPY TOMATO PIZZA COMPANY
BRENTWOOD, TN 37027

SBA Loan Lender

BANCORPSOUTH BANK
5217 MARYLAND WAY, STE 100
BRENTWOOD, TN 37027

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

4/4/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Snappy Tomato Pizza Company franchise. At the time of the loan, the company had 8 employees. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bancorpsouth Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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Snappy Tomato Pizza

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