Georgia Entrepreneur Secures Financing to Buy Johnny's New York Style Pizza Franchise
Borrowing money to invest in a Johnny's New York Style Pizza franchise? Signature Bank Of Georgia has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Johnny's New York Style Pizza franchise? If so, here's a 2007 SBA franchise loan that you should know about. Signature Bank Of Georgia was the lender and the entrepreneur was based in Jasper, Georgia.
SBA Loan Borrower
R & K PIZZA, LLC
JASPER, GA 30143
SBA Loan Lender
SIGNATURE BANK OF GEORGIA
6065 ROSWELL RD, STE 600
SANDY SPRINGS, GA 30328
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
1/30/2007
Loan Approval Gross Amount
$120,000
Loan Approval from the SBA
Of the total $120,000 loan amount, the SBA guaranteed $102,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Johnny's New York Style Pizza franchise. At the time of the loan, the company
had 8 employees. The loan application did not indicate that the business promised to use the money to increase staffing levels 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.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Signature Bank Of Georgia and they will explain how you can get an SBA loan for your company.
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.
Related Links:
Johnny's New York Style Pizza
How to Raise Money
SBA Approved Banks in Sandy Springs, Georgia
Georgia SBA 7A Lenders