Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Loans to Buy a Franchise in Georgia

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Pizza Inn Franchise

Borrowing money to buy a Pizza Inn franchise? Queensborough National Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Pizza Inn franchise loans are available to Pooler, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Queensborough National Bank & Trust, based in Statesboro, Georgia, issued an SBA franchise loan for a Pizza Inn franchise in 2006. We've got all the details on this Georgia small business loan.

SBA Loan Borrower

A PIECE OF THE PIE LLC
POOLER, GA 31322

SBA Loan Lender

QUEENSBOROUGH NATIONAL BANK & TRUST
120 S ZETTEROWER AVE
STATESBORO, GA 30458

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

9/5/2006

Loan Approval Gross Amount

$183,000

Loan Approval from the SBA

Of the total $183,000 loan amount, the SBA guaranteed $137,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Pizza Inn franchise. At the time of the loan, the company had 12 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 12 existing jobs.

Getting an SBA Loan For Your Business

If you are raising money in Pooler GA, you ought to talk with a local Pooler SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pooler businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Pizza Inn, Inc.

Obtaining Funding - Friends and Family

Where to Get an SBA Loan in Statesboro, Georgia

Find an SBA Lender in Georgia