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May 3, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Johnson City, Business Loans > Bank Of Tennessee Johnson City Business Loans > Fox's Pizza Den Loan | ||||
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Kingsport, Tennessee Bank for SBA Loans
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Borrow Money to Buy a Fox's Pizza Den FranchiseNeed money to invest in a Fox's Pizza Den franchise? Bank Of Tennessee has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Kingsport, Tennessee needed money to invest in a Fox's Pizza Den franchise back in 2007. Bank Of Tennessee issued an SBA franchise loan. Here are the details on this Tennessee small business loan. SBA Loan Borrower FOX'S PIZZA DEN SBA Loan Lender BANK OF TENNESSEE SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 10/23/2007 Loan Approval Gross Amount $110,000 Loan Approval from the SBA Of the total $110,000 loan amount, the SBA guaranteed $93,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Fox's Pizza Den franchise. At the time of the loan, the company had 30 employees. The SBA loan documents indicated that the loan would help generate 15 new jobs and retain 15 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $110,000 loan. Remember, anyone can do it... so why not you? 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: Who Lends Money to Small Businesses in Johnson City, Tennessee
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