Renasant Bank Provides SBA Loan to Buy Nick-N-Willy's Pizza Franchise

Need money to buy a Nick-N-Willy's Pizza franchise? Renasant Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Nashville, Tennessee and are interested in buying a Nick-N-Willy's Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Renasant Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

NICK-N-WILLYS TAKE & BAKE PIZZ
NASHVILLE, TN 37205

SBA Loan Lender

RENASANT BANK
1820 WEST END AVE
NASHVILLE, TN 37203

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

3/29/2002

Loan Approval Gross Amount

$106,500

Loan Approval from the SBA

Of the total $106,500 loan amount, the SBA guaranteed $90,525.

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 12 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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Renasant Bank Provides SBA Loan to Buy Nick-N-Willy's Pizza Franchise