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November 22, 2024  
 
 
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Is It Possible to Borrow Money for a Franchise in Cumming, Georgia?

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an Uncle Vito N.Y. Pizza Franchise

Need money to invest in an Uncle Vito N.Y. Pizza franchise? Rbc Centura Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Cumming, Georgia and are interested in buying an Uncle Vito N.Y. Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Rbc Centura Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

UNCLE VITO'S NY PIZZA
CUMMING, GA 30131

SBA Loan Lender

RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

4/12/2002

Loan Approval Gross Amount

$129,200

Loan Approval from the SBA

Of the total $129,200 loan amount, the SBA guaranteed $109,820.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Uncle Vito N.Y. Pizza franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the borrowed money would help generate 9 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

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

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Rbc Centura Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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