Georgia Entrepreneur Secures Financing to Buy Fox's Pizza Den Franchise

Borrowing money to purchase a Fox's Pizza Den franchise? Synovus Bank Of Jacksonville has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Albany, Georgia needed money to invest in a Fox's Pizza Den franchise back in 2008. Synovus Bank Of Jacksonville issued an SBA franchise loan. Here are the details on this Georgia small business loan.

SBA Loan Borrower

FOX'S PIZZA DEN
ALBANY, GA 31707

SBA Loan Lender

SYNOVUS BANK OF JACKSONVILLE
10407 CENTURION PKWY NORTH
JACKSONVILLE, FL 32256

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/17/2008

Loan Approval Gross Amount

$135,500

Loan Approval from the SBA

Of the total $135,500 loan amount, the SBA guaranteed $115,175.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fox's Pizza Den franchise. At the time of the loan, the company had 18 employees. The SBA loan documents indicated that the loan would help generate 14 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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 $135,500 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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