Loan to Buy Johnny's New York Style Pizza Franchise Issued By The Privatebank
Need money to purchase a Johnny's New York Style Pizza franchise? The Privatebank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Johnny's New York Style Pizza franchise? If so, here's a 2007 SBA franchise loan that you should know about. The Privatebank was the lender and the entrepreneur was based in Snellville, Georgia.
SBA Loan Borrower
JOHNNY'S NEW YORK STYLE PIZZA
SNELLVILLE, GA 30078
SBA Loan Lender
THE PRIVATEBANK
3423 PIEDMONT RD NE
ATLANTA, GA 30305
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
722110 - Full-Service Restaurants
Loan Approval Date
6/15/2007
Loan Approval Gross Amount
$254,800
Loan Approval from the SBA
Of the total $254,800 loan amount, the SBA guaranteed $191,100.
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 10 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 10 existing jobs.
Getting an SBA Loan For Your Business
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
We can help you find the best banks for small businesses in Snellville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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