Green Bay, WI Entrepreneur Gets SBA Loan to Buy Tony Roma's pizza Franchise

Need money to invest in a Tony Roma's pizza franchise? Bay Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Tony Roma's pizza franchise requires some effort but others before you have been successful. In 2004, Bay Bank issued an SBA franchise loan to an entrepreneur in Green Bay, Wisconsin. Because Tony Roma's pizza was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis.

SBA Loan Borrower

TONY ROMA'S
GREEN BAY, WI 54313

SBA Loan Lender

BAY BANK
2555 PACKERLAND DR
GREEN BAY, WI 54313

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

5/28/2004

Loan Approval Gross Amount

$430,600

Loan Approval from the SBA

Of the total $430,600 loan amount, the SBA guaranteed $322,950.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Tony Roma's pizza franchise. At the time of the loan, the company had 34 employees. The SBA loan documents indicated that the loan would help retain 34 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bay Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bay Bank made the loan. The end result was that this firm 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 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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