Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Where to Get a Small Business Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

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

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

Nick-N-Willy's Pizza franchise loans are available to Pasco, Washington entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of Whitman, based in Pasco, Washington, issued an SBA franchise loan for a Nick-N-Willy's Pizza franchise in 2006. We've got all the details on this Washington small business loan.

SBA Loan Borrower

NICK-N-WILLY'S
PASCO, WA 99301

SBA Loan Lender

BANK OF WHITMAN
9715 SANDIFUR PKWY
PASCO, WA 99301

This small business loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and a thorough understanding of SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

8/2/2006

Loan Approval Gross Amount

$178,450

Loan Approval from the SBA

Of the total $178,450 loan amount, the SBA guaranteed $133,838.

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 SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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 Bank Of Whitman 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:

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

Obtaining Funding - How to Borrow Money

Best Banks for Small Business in Pasco, Washington

SBA Lenders in Washington