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December 18, 2024  
 
 
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Raising Money in Littleton, Colorado With SBA Loans

 

 
Loan Census SBA Loan Info

Littleton, CO Entrepreneur Gets SBA Loan to Buy Nick-N-Willy's Pizza Franchise

Borrowing money to purchase a Nick-N-Willy's Pizza franchise? United Western Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Littleton, Colorado needed money to invest in a Nick-N-Willy's Pizza franchise back in 2001. United Western Bank issued an SBA franchise loan. Here are the details on this Colorado small business loan.

SBA Loan Borrower

NICK-N-WILLY'S WORLD FAMOUS TA
LITTLETON, CO 80126

SBA Loan Lender

UNITED WESTERN BANK
700 17TH ST, STE 100
DENVER, CO 80202

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

722211 - Limited-Service Restaurants

Loan Approval Date

12/10/2001

Loan Approval Gross Amount

$146,000

Loan Approval from the SBA

Of the total $146,000 loan amount, the SBA guaranteed $124,100.

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. The loan application indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.

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

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like United Western Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

Related Links:

Nick-N-Willy's World Famous Take-N-Bake Pizza

The Art of Bootstrapping

Where to Get an SBA Loan in Denver, Colorado

Colorado SBA Banks