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December 19, 2024  
 
 
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Loan to Buy Johnny's New York Style Pizza Franchise Issued By Crescent Bank & Trust

Borrowing money to buy a Johnny's New York Style Pizza franchise? Crescent Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Powder Springs, Georgia needed money to invest in a Johnny's New York Style Pizza franchise back in 2007. Crescent Bank & Trust issued an SBA franchise loan. Here are the details on this Georgia small business loan.

SBA Loan Borrower

JOHNNY'S NEW YORK STYLE PIZZA
POWDER SPRINGS, GA 30064

SBA Loan Lender

CRESCENT BANK & TRUST
7 CARING WAY
JASPER, GA 30143

This lender provides SBA loans 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

722110 - Full-Service Restaurants

Loan Approval Date

9/28/2007

Loan Approval Gross Amount

$122,000

Loan Approval from the SBA

Of the total $122,000 loan amount, the SBA guaranteed $103,700.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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. The loan application indicated that the loan would help generate 1 new job and retain 15 existing jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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

Borrowing Money from Friends and Family

SBA Participating Banks in Jasper, Georgia

Find an SBA Lender in Georgia