How much did Aw receive from the Loan from SBA in 2023?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
| | Members' Equity (Deficit) - Ending | $ 617 | $ 11,732 | | |
STATEMENTS OF CASH FLOWS RAYYAN PIZZA FRANCHISE LLC
| YEARS ENDING DECEMBER 31 | |||||
|---|---|---|---|---|---|
| Cash Flows from Operating Activities | 2023 | 2022 | |||
| Net Income | $ | 136,397 | $ | 168,681 | |
| Adjustments to reconcile net income to net cash | |||||
| provided by operating activities: | |||||
| Changes in assets and liabilities | |||||
| Due from franchisee | (6,611) | 1,294 | |||
| Due from related parties | — | — | |||
| Accounts payable and accrued expenses | (4,834) | (634) | |||
| Contract Liability | (8,250) 116,702 | (8,250) 161,091 | |||
| Cash Flow from Financing Activities | |||||
| Loan from SBA | 1,954 | — | |||
| Loan from WinTrust | — | 25,624 | |||
| Payments to WinTrust | — | (15,551) | |||
| Cash Flow from Investing Activities | |||||
| Members' (distributions) | (147,512) | (146,636) |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, the company received $1,954 from a loan from the SBA during the year ending December 31, 2023. This information is part of the cash flow from financing activities reported in the financial statements.
This inflow of funds from the SBA loan indicates a source of financing for Aw during that period. For a prospective franchisee, this detail provides insight into how Aw manages its finances and utilizes external funding. It's important to note that while this shows the amount received in 2023, it doesn't detail the terms of the loan or how the funds were used.
Understanding the financial health and financing activities of the franchisor, Aw, is crucial for potential franchisees. While the FDD provides this specific figure, further investigation into the overall debt structure, loan terms, and use of funds would offer a more comprehensive understanding of Aw's financial strategy.