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March 29, 2024  
 
 
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Rhode Island Entrepreneur Secures Financing to Buy Ronzio Franchise

Borrowing money to buy a Ronzio franchise? Washington Tr Co - Westerly has a history of making these loans and they are guaranteed by the SBA.

Ronzio franchise loans are available to West Warwick, Rhode Island entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Washington Tr Co - Westerly, based in Westerly, Rhode Island, issued an SBA franchise loan for a Ronzio franchise in 2007. We've got all the details on this Rhode Island small business loan.

SBA Loan Borrower

HARRY'S PIZZA LLC DBA RONZIO'S PIZZA
West Warwick, RI 02893

SBA Loan Lender

WASHINGTON TR CO - WESTERLY
23 BROAD ST
WESTERLY, RI 02891

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/20/2007

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $40,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Ronzio franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help create 4 new jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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.

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