Wrightsville, GA Entrepreneur Gets SBA Loan to Buy Papa's Pizza To Go Franchise

Need money to invest in a Papa's Pizza To Go franchise? Bank Of Wrightsville has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Papa's Pizza To Go franchise shouldn't be too tough. In 2003, Bank Of Wrightsville issued an SBA franchise loan to an entrepreneur in Wrightsville, Georgia. Because Papa's Pizza To Go was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.

SBA Loan Borrower

PAPA'S PIZZA TO GO
WRIGHTSVILLE, GA 31096

SBA Loan Lender

BANK OF WRIGHTSVILLE
110 BRADFORD ST
WRIGHTSVILLE, GA 31096

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

12/30/2003

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Papa's Pizza To Go franchise. At the time of the loan, the company had 14 employees. The loan application did not indicate that the business planned to use the money to add employees or retain any existing employees.

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

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We can help you find the best banks for small businesses in Wrightsville 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.

Related Links:

Papa's Pizza To-Go Inc.

Getting a Small Business Loan

SBA 7A Banks in Wrightsville, Georgia

Georgia SBA Banks