Georgia Entrepreneur Secures Financing to Buy Johnny's New York Style Pizza Franchise
Need a loan to buy a Johnny's New York Style Pizza franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Monroe, Georgia and are interested in buying a Johnny's New York Style Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Comerica Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
JOHNNY'S NY STYLE PIZZA
MONROE, GA 30655
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
10/12/2006
Loan Approval Gross Amount
$165,100
Loan Approval from the SBA
Of the total $165,100 loan amount, the SBA guaranteed $123,825.
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 only one employee. This SBA loan request indicated that the loan would help generate 9 new jobs and retain 10 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
Johnny's New York Style Pizza
Business Line of Credit
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SBA Lenders in Texas