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