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December 22, 2024  
 
 
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The Privatebank SBA Franchise Loans

 

 
Loan Census SBA Loan Info

The Privatebank Provides SBA Loan to Buy Johnny's New York Style Pizza Franchise

Need a loan 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

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

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

$123,200

Loan Approval from the SBA

Of the total $123,200 loan amount, the SBA guaranteed $92,400.

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 application for the borrower indicated that the loan would help generate 4 new jobs and retain 10 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $123,200 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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