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November 21, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Scottsdale, Business Loans > Stearns Bank Arizona Scottsdale Business Loans > Nick-N-Willy's World Famous Ta Loan | ||||
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Raising Money in Prescott, Arizona With SBA Loans
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Borrow Money to Buy a Nick-N-Willy's Pizza FranchiseNeed a loan to invest in a Nick-N-Willy's Pizza franchise? Stearns Bank Arizona has a history of making these loans and they are guaranteed by the SBA. Nick-N-Willy's Pizza franchise loans are available to Prescott, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Stearns Bank Arizona, based in Scottsdale, Arizona, issued an SBA franchise loan for a Nick-N-Willy's Pizza franchise in 2004. We've got all the details on this Arizona small business loan. SBA Loan Borrower NICK-N-WILLY'S WORLD FAMOUS TA SBA Loan Lender STEARNS BANK ARIZONA Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 7/21/2004 Loan Approval Gross Amount $180,000 Loan Approval from the SBA Of the total $180,000 loan amount, the SBA guaranteed $135,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Nick-N-Willy's Pizza franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 8 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Stearns Bank Arizona so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 Banking Deregulation's Effects on Entrepreneurship Small Business Banks in Scottsdale, Arizona
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